WASHINGTON, 10 MARCH 2020 (REUTERS) — Government policymakers will need to implement “substantial” targeted fiscal, monetary and financial market measures to combat the economic impact from the rapidly spreading coronavirus, International Monetary Fund chief economist Gita Gopinath said on Monday. In a blog posting on the IMF’s website, Gopinath said her top recommendations involved putting […]
Author Archives: System Administrator
Posted inPacific News
COVID-19 to have a bigger impact on Pacific economies: ANZ
SUVA,12 MARCH 2020 (ANZ) — COVID-19 is now impacting the global economy. At present, ANZ believe a global economic slowdown is in play, with a growing chance that a global recession could materialize if economies facing a major disruption do not promptly implement fiscal stimulus to offset reduced demand. Accordingly, ANZ now believe the coronavirus […]
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Youth Day Activities to Focus on Presidential Proclamation 20-279 Year of Environmental Action: “To Protect the Nest of Life”
In preparation to the National Youth Day this year on March 15, the Office of the President, with the Ministry of Community & Cultural Affairs, Ministry of Education, Ministry of Natural Resources, Environment & Tourism and Our Oceans Conference 2020 Secretariat in collaboration with community partners: the Palau International Coral Reef Center, the Palau Conservation […]
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Update on Recent Unscheduled Power Outage in Parts of Babeldaob
PPUC would like to apologize to the public for a recent power outage affecting the East Coast of Babeldaob—Ngchesar, Melekeok and Ngiwal: Date: February 18, 2020 (Tuesday) Time: 3:00am to 8:30am Cause of outage: A cutout was found open on Line B at the Kokusai Substation. Crews traced the line and found no fault; however, […]
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Japan’s GGP Grant to Palau Community Action Agency
On March 5, 2020, Chargé d’affaires OGINO Takeshi of the Embassy of Japan and Ms. BOHMAN Kelsey, Executive Director of Palau Community Action Agency (PCAA),signed the grant contractfor“The Project for Procurement of School Buses for Head Start Centers”, valued $79,917, under the Japan’s Grant Assistance for Grassroots Human Security Projects (GGP). The signing ceremony was […]
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Secretary Bernhardt Announces $1,656,055 in FY 2020 Funding for Four Atoll Healthcare Program in the Marshall Islands Over $14 Million Provided Since 2008 to Support Healthcare for Families
WASHINGTON – U.S. Department of the Interior Secretary David Bernhardt has authorized $1,656,055 in funding to the Republic of the Marshall Islands (RMI) Ministry of Health and Human Services under the Four Atoll Healthcare Program. This program is used to provide basic healthcare services for the people of the four nuclear-affected atolls in the RMI […]