Chamber to advise of position on budget

The Samoa Chamber of Commerce and Industry says it is currently analysing the national budget presented to Parliament on Tuesday before it advises members of its position. 

Chamber Chief Executive Officer (C.E.O.) Lemauga Hobart Vaa said that the Chamber President, Jennifer Ula-Fruean, issued a statement to Chamber members on their social media page.

“[The] President has already issued a statement to our membership on our social media pages. We are currently analysing the budget on the details,” said Lemauga.

“We will make another statement soon.”

Similar to the second supplementary budget announced in March 2020, the national budget was closely watched, Ula-Fruean said in a 26 May Facebook post.

“COVID-19 still presents significant threats to all businesses," she said. “We acknowledge the Government's announcement of its second stimulus package which has seen an extension of support for the private sector and households. 

“We will continue our ongoing advocacy and outreach on behalf of all our members and the private sector with the Government and our partners on measures to ensure all affected businesses are supported during these challenging times.

“Your Chamber has met with the Government several times since the last supplementary budget announcement to provide your private sector feedback on the current business environment and how support could be facilitated to affected businesses and the private sector.”

She thanked all businesses for their perseverance during these difficult times and all that had contributed to the Chamber’s advocacy work, including business sentiment surveys that were conducted.

“God bless Samoa,” Ula-Fruean added. 

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