AMERICAN SAMOA PROPOSES $279 MILLION BUDGET

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WELLINGTON, New Zealand (Radio New Zealand International, Aug. 24) – The government in American Samoa has submitted to lawmakers the US$279.6 million budget for fiscal year 2006 that begins in October.

The budget is 2 percent higher than the current fiscal year’s US$268.2 million.

According to the budget submission, local revenue of US$65.5 million is two per cent over the last fiscal year, and grant revenue is estimated at US$86.1 million.

The Department of Interior Grant-in-Aid is US$32.7 million including US$9.5 million in Capital Improvement Projects and Enterprise Funds is US$95.4 million.

August 25, 2005

Radio New Zealand International: www.rnzi.com

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