Governments Cash Position Remains Strong says Treasury

Press Release/

Apia, SAMOA – 27 October 2026 – The Samoan Governments cash position remains strong and available for processing all Government payments for goods and services, the payroll, project payments as well as settling debt servicing.

In its latest Financial Update tabled by the Prime Minister in Parliament today, the Ministry of Finance reports “it has sustained this solid cash position above the SAT$500million mark since 2023/24.”

FY2025/26 Budget Outturn:
Total revenue collected by 30 June 2026 amounted to SAT$1.06 billion – a slight decline compared to SAT$1.11 billion collected in FY2024.25 and SAT$1.16 billion collected in FY2023/24 with 78.7% attributed to taxes. (Table 1 Statement of Government Operations, Bureau of Statistics Bulletin.

This is the third financial year in a row that the Government has achieved total receipt/revenues collection above the SAT$1.0 billion mark.

In terms of Expenditures, a total of SAT$906.8 million was recorded for FY2025/26, a decrease compared to SAT$955.7 million recorded for FY$2024/25 and an increase compared to SAT$853.6 million documented for FY2023/24.

While overall surplus has declined slightly, the budget outturn for FY$2025/26 is a surplus of SAT$149.6 million.

Declining Public Debt as at June 2026
The Public Debt as at the end of FY2025/26 stood at SAT$690.8 million, made up of SAT$641.0 million external debt and SAT$49.8 million domestic debt.

As a percentage of GDP (Nominal SAT$3.56 billion) was recorded at 19.3%, way below the 50% public debt to GDP ratio threshold.

Gross Domestic Product as at June 2026
As at June 2026, nominal GDP was recorded at SAT$3.582 billion, a slight 0.1% decline compared to SAT$3.585 billion achieved in FY2024/25 and an increase compared to SAT$3.241 billion achieved in FY2023/24.

Real GDP was recorded at SAT$2.551 billion, declining by 1.6 percent compared to SAT$2.593 billion in FY2024/25 and an increase compared to FY2023/24.

The decline is attributed to subdued economic activity in the September and March quarters of FY2025/26, mainly driven by negative performance in the Commerce industry and the impacts of the fuel crisis on other key industries including Transport, Construction and Manufacturing.