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Having champagne on a beer budget is not a good idea
When a company earns less than what it spends, it is called a loss, and the same goes for a government. The recent figures on government revenue do not paint a warm, fuzzy picture of government revenue and expenditure.The government spent more than it collected in the March 2026 quarter, recordin...
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samoaobserver.ws
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Govt spent more than it earned in March quarter
The government spent more than it collected in the March 2026 quarter, recording a net borrowing deficit of $34.9 million, according to the Samoa Bureau of Statistics.The bureau’s…
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Having champagne on a beer budget is not a good idea
When a company earns less than what it spends, it is called a loss, and the same goes for a government. The recent figures on government revenue do not paint a warm, fuzzy picture…
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Continued budget deficits will lead to more borrowing
The reason for the government to ask four commercial banks for overdraft facilities for district offices has been explained by the Bureau of Statistics. The March quarter showed…