January 19, 2021 – Koror, Republic of Palau The COFA Trust Fund ended calendar year 2020 with a total balance of $298 million, achieving a total return of almost 8 percent for the year. As of today, January 15, 2021, the Trust Fund value stands at $303,561,945.“We are extremely pleased with the earnings of the […]
Tag: Trust Fund
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Palau Trust Fund at $281.6 million
Expected to last beyond 2044 if managed well Palau Compact Trust Fund has grown to $281.6 million from the initial investment of $70 million revealed COFA Board members at Wednesday weekly press conference. The Board also revealed the $10 million surplus from government revenues that was budgeted to be invested has not been invested into […]
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Palau financial future secured, Trust Fund changed to perpetual fund
“I believe we can now be confident about Palau’s future, especially having addressed those concerns economists have had about the possibility of Palau depleting its trust funds and not be able to sustain itself in the future,” expressed President Remengesau Jr. following the report that United States have agreed to change Palau’s Trust Fund status […]