By: Eoghan Olkeriil Ngirudelsang Koror, Palau (Oct. 8, 2026) — At yesterday’s Thursday presidential press conference, President Whipps again discussed his plan to establish a Ministry of Interior. He said, “There are many bills still in the Olbiil er a Kelulau; we have our request for the Ministry of Interior, it still hasn’t happened”. While […]
Tag: Palau Ministry of Finance
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Palau Digital Residency Program Surpasses 47,000 Active Residents
By: L.N. Reklai KOROR, Palau (Aug. 27, 2026) — Palau’s Digital Residency Program has grown by more than 50% over the past year, with more than 47,000 active digital residents and nearly $9 million in total revenue since the program began in 2022. The figures are included in the Digital Residency Office’s 2026 annual report […]
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Palau Draws $45.8M in CRA, Compact Trust Funds Through Third Quarter of FY 2026
By: L.N. Reklai KOROR, Palau (August 10, 2026) — Palau has drawn $45.8 million in funding from the Compact Review Agreement and Compact Trust Fund during the first three quarters of fiscal year 2026, according to the Ministry of Finance’s quarterly report to the Olbiil Era Kelulau. The amount represents about 81.5% of the $56.2 […]
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Palau eyes savings bond program to boost local investment and economic growth
Japanese economist says new program could fund businesses, infrastructure and future savings while reducing reliance on overseas borrowing. By: L.N. Reklai KOROR, Palau — A proposed Savings Bond Program could help keep more money circulating within Palau, provide affordable financing for local businesses and infrastructure projects, and encourage residents to save for retirement and education, […]