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PPUC to go broke in 3 months

Palau Public Utilities Corporation (PPUC) is saying that it will deplete its emergency reserves by April 2020, 3 months from now if nothing is done to help it cover its operating costs. In a letter to Senate President Hokkons Baules this January 21st, PPUC Chairman and Acting CEO Greg Decherong reported that due to RPPL […]