Samoa has shown resilience to past economic shocks, underpinned by the authorities’ strong commitment to support the economy, and financial assistance provided by the international community. Samoa was among the first countries in the world to secure its border to protect its citizens from COVID19. The international community also responded quickly, including the IMF disbursement under the Rapid Credit Facility in April 2020 which helped unlock record budget support grants by the Asian Development Bank and the World Bank. The authorities strengthened the health care system and provided support to the private sector, with efforts to target assistance to vulnerable businesses and households to safeguard livelihoods.
IMF Article IV for Samoa, 2021