SAMOAN PRIME MINISTER SAYS COUNTRY NOW SEEING BENEFITS OF ECONOMIC REFORM

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APIA, Samoa (June 10, 1999 - Radio Australia)---The Samoan government says ordinary people are now seeing the benefits of five years of economic reforms, with a reduction in taxes and tariffs announced in the new budget.

Prime Minister and Finance Minister Tuilaepa Sailele Malielegaoi, said in 1998 Samoa's exports had risen by an exceptional 60.5 percent.

However, growth was a mere one point six percent - half the original forecast. Tuilaepa says the economy is particularly benefiting from the reduction in tariffs. That will have an immediate impact through the reduction in prices of commodities.

Inflation has been reduced from 6.8 percent to two percent last year.

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