Samoa International Finance Authority

The payment is SIFA’s dividend to the government.

This is the first time SIFA is paying the 35% Dividend pursuant to the Public (Performance and Accountability) Bodies Act 2001, following the re-classification of SIFA from a Public Beneficial Body to a Public Trading Body by MPE in 2020.

A statement said SIFAs contribution to Government is not limited to this new requirement by way of its re-classification and now subject to payment of the 35% Dividend.

The Samoa Government says its international finance agency has been accepted as the naming rights sponsor for Mr Parker's 'rumble in paradise' fight.

It says the Finance Authority will benefit through the broadcast exposure, the branding rights, and having its logo displayed around the boxing ring.

The Government says the benefits for Samoa include gym visits by Mr Parker and an opportunity to develop boxing in the country.

It says the fight will also attract tourists.

The Government says it wants to establish Samoa as a location for major events.