Koror, Palau—On April 14, 2020, the Board of Trustees of the ROP Compact Trust Fund held a Board meeting via internet based application hosted by Investment Consultants Dan Roland and Jason Miyashita. A report from the consultants showed that as of March 31, 2020, the ROP COFA Trust Fund had a total market value of […]
Tag: Compact Fund
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Future is economy not on compact dependence: Remengesau
“Growing the economy is the future of Palau, not the dependence on the Compact”, expressed President Remengesau at this week’s press conference, reiterating his statements at the State of the Republic Address which calls for greater ownership and responsibility for Palau’s own development. “Budget should not be contingent on the amount of money we receive […]
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Remengesau notes major accomplishments of 2018
When asked how he would characterize 2018, what was successful and what was not, President Tommy Remengesau Jr. noted that “2018 was a good year”, citing a number of successful milestones accomplished in 2018. Connecting Palau to the world via fiber optic cable was a major success of 2018 reported President Remengesau. Instead of the […]