22 Dec 2008

Samoa's Government prepares to sell the public shares in state companies

2:45 pm on 22 December 2008

Samoa's Cabinet has set up a committee to work on the establishment of a Unit Trust which will sell shares in Government owned companies to the public.

The Government says it will look into the equal distribution of shares among the rich and the poor.

The new committee is to report back to Cabinet in a month.