By Eoghan Olkeriil Ngirudelsang NGERULMUD, Palau — “Although this bill is not perfect, let’s not deviate from its intent and the need to find additional funding for Palau housing,” Sen. Tabelual said Tuesday, as lawmakers debated a proposal to dedicate 2% of unrestricted local government revenue to housing programs. Senate Bill No. 12-87 would require […]
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Palau Secures First Saudi Loan, Launches $15M Housing Push Through NDBP
Historic deal shifts development bank into direct builder role, targeting affordable homes for Palauans By: L.N. Reklai “This is a historic day in Palau and Saudi relations,” President Surangel Whipps Jr. said, as Palau signed its first-ever loan agreement with Saudi Arabia, marking a new partnership and a major shift in how the National Development […]