By L.N. Reklai KOROR — Attorney General Ernestine K. Rengiil says Palau’s sharp rise in gasoline prices is being driven mainly by the war in Iran and turmoil in global oil markets, and warns that any attempt to prosecute fuel suppliers for price gouging would face significant legal obstacles. Attorney General Ernestine Rengiil In an […]
Tag: Palau Inflation
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Palau’s Wage Hike May Spur Short-Term Price Rises, Economic Advisory Report Warns
By: Leilani Reklai KOROR, Palau — Palau’s recent wage and salary increases, aimed at easing the burden of post-pandemic inflation, may deliver limited short-term relief and could instead fuel higher living costs, according to the Economic Advisory Group’s (EAG) May 2025 report. The proposed bill before Olbiil Era Kelulau seeks a 10% across-the-board pay increase […]