20 Dec 2006

Samoa government puts off hiring new employees

2:21 pm on 20 December 2006

Samoa's government will no longer hire new employees to fill vacancies from next month.

The Minister of Finance, Niko Lee Hang, says the move will save the government more than five million US dollars and will help fund various projects.

Mr Lee Hang says the supplementary budget proposal will also stop government borrowing from commercial banks because of the current liquidity problem.

He says the local business community can now borrow more from the banks to speed up their preparations for next year's South Pacific Games.