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OEK finally approves $15M Saudi loan to expand housing loans in Palau

By: L.N. Reklai KOROR, Palau (Dec. 17, 2025) — After months of delay, the House of Delegates has approved a joint resolution allowing President Surangel S. Whipps Jr. to borrow $15 million from the Saudi Fund for Development, clearing the final legislative hurdle for new funding aimed at low-cost development loans. The measure authorizes the […]

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