Posted inPacific News

Over 300 lawmakers worldwide urge IMF, World Bank to cancel poor countries’ debt

WASHINGTON, 14 MAY 2020 (REUTERS) — Over 300 lawmakers from around the world on Wednesday urged the International Monetary Fund and World Bank to cancel the debt of the poorest countries in response to the coronavirus pandemic, and to boost funding to avert a global economic meltdown. The appeal came in a letter delivered to […]

Posted inTop Stories

COVID-19 relief bill enacted into law

The bill to provide relief from the economic and social impact of COVID-19, became law yesterday upon signing by President Tommy E. Remengesau Jr. It became RPPL 10-56, the CROSS (Coronavirus Relief One-Stop Shop) Act.  The law is a one-time appropriation and authorization of funding and relief measures and will cease on January 31, 2021. […]

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