By: L.N. Reklai KOROR, Palau (August 10, 2026) — Palau has drawn $45.8 million in funding from the Compact Review Agreement and Compact Trust Fund during the first three quarters of fiscal year 2026, according to the Ministry of Finance’s quarterly report to the Olbiil Era Kelulau. The amount represents about 81.5% of the $56.2 […]
Tag: FY 2026 budget
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Whipps said he supports restoring utility subsidies to mitigate high costs
By: L.N. Reklai “These subsidies were meant for times such as this, when there is a real need,” said President Surangel Whipps Jr. in response to a question about whether he would support the Senate bill that proposed to restore the power utility subsidies that he cut from the FY 2026 Unified Budget. The ongoing […]
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Utility customers, state projects face impacts as funds are redirected
By: L.N. Reklai Utility customers and state governments will feel effects from President Surangel Whipps Jr.’s decision to reduce and veto portions of Palau’s FY 2026 national budget, actions that eliminate a proposed $2 million utility rebate, cut electricity subsidies and halt several state-funded capital projects. Whipps signed the budget into law as Republic of […]
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Whipps Signs FY 2026 Budget After Palau Congress Backs Down on Grant Rule
By: Eoghan Olkeriil Ngirudelsang NGERULMUD, Palau — The Olbiil Era Kelulau on Wednesday passed a revised FY 2026 national budget and sent it to President Surangel Whipps Jr., who is expected to sign it today, averting a second potential government shutdown and the imposition of a 72-hour pay period for civil servants. President Surangel Whipps […]
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House–Senate Enter Final Stretch of FY 2026 Budget Talks
By: Eoghan Olkeriil Ngirudelsang Koror, Palau — Lawmakers are in the final phase of negotiating the FY 2026 Unified Budget bill, with attention turning to House-proposed amendments that would fund capital improvement projects (CIPs) for specific states. The changes have prompted public and Senate questions about why only some states secured allocations while others received […]
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Palau Budget Talks Resume After Month-long Stall; Vote Eyed Next Week
By: L.N. Reklai Ngerulmud, Palau (November 27, 2025) Conference committee negotiators from the House and Senate met for the first time in more than a month on November 26, after repeated postponements and cancellations due to lack of a House quorum. During the session, House Ways and Means Chairman Rechelulk announced that the House had […]