Samoa businesspeople don't want a stimulus package

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Updated February 16, 2009 17:07:17

As governments in developed nations announce big spending plans to combat the global economic downturn, one South Pacific country is examing its own stimulus package. The Samoan government is looking at launching a plan to keep economic activity going in the face of reduced exports and an expected downturn in remittances from Samoans living overseas. But Samoa's Chamber of Commerce doesn't think that simply throwing tax money at the economy is the best way to tackle the problem. The president of the Chamber Sina Retzlaff-Lima says the business community wants the focus to stay on developing the private sector, although she acknowledges Samoa may be more vulnerable to the downturn than many other countries.

presenter: Bruce Hill
speaker: Samoa's Chamber of Commerce president, Sina Retzlaff-Lima

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