Lawmakers call for supplemental budget review, say appropriations deserve separate scrutiny By: L.N. Reklai KOROR, Palau — “It is our duty as elected representatives to properly scrutinize and address any budget appropriation, rather than just rubber stamp a bill,” Sen. Seigfried Nakamura said as the Senate voted to reject a House-amended version of the Elite […]
Tag: Palau government finance
Posted inTop Stories
Palau Social Security Reform Model Projects Long-Term Funding Pressures
By: Ngeldei Tulop KOROR, Palau — A financial modeling program examining Palau’s Social Security system projects rising long-term pressure on benefit funding under current contribution and retirement structures, according to figures displayed in a government modeling spreadsheet reviewed this week. The Excel-based “Social Security modeling program” outlines several policy assumptions and contribution scenarios designed to […]
Posted inTop Stories
Palau Disburses $2.6M in Tax Refunds to 4,481 Citizens Under 2021 Tax Reform
By: L.N. Reklai KOROR, Palau (Feb. 25, 2026) — The government has disbursed nearly $2.6 million in tax refunds to thousands of Palauan citizens, marking one of the most visible returns from the nation’s 2021 tax reform law. According to the Bureau of Revenue and Taxation, 4,481 tax refund checks totaling $2,581,084 were processed and […]