Palau’s Minister of Finance Elbuchel Sadang is confident that Palau’s economy will weather out the impact of corona virus nCoV threat. The suspension of direct flights from China for the whole month of February, which is normally a high season for China’s tourism market, translates to about $142,000 loss in government revenue this February. “Taking […]
Tag: Minister of Finance
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$1 million in grant presented to Minister of Finance
Ambassador Wallace M.G. Chow of the ROC (Taiwan) Embassy presented a check of one million US dollars to Minister of Finance Elbuchel Sadang as the first tranche of 2019 annual economic stimulus grant providing budgetary support to the ROP national government. Funded projects in this action for 2019 are the Budgetary Support Projects, include (1) […]