Tourism drives surge in economy
The Samoan economy returned to a rate of substantial economic growth of 5.7 per cent last financial year, as growth in tourism, money sent from overseas and exports, boosted a previously flagging economy, according to the Central Bank.
Samoa’s Gross Domestic Product (G.D.P.) grew to reach $2.225 billion tala in the year to June this year, figures released by the Bank on Thursday show. That equates to growth of 5.7 per cent or about $120 million – the economy's biggest proportional rise since 2015-16.
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