CNMI seeks to address fiscal crisis

CNMI leaders on Sunday announced plans to revise the government’s current budget to address the “urgent fiscal challenges” facing the commonwealth.  “While it’s not easy to share this news, I believe we

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FSM launches first Citizens Budget

A first-of-its-kind Citizens Budget has been launched in the Federated States of Micronesia (FSM). FSM’s Department of Finance and Administration (DOFA) in a statement today said the National Government Fiscal

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Huge pay rise for Solomons politicians

Members of Parliament in Solomon Islands are due to receive a huge pay rise this year despite the nation’s precarious state of the economy and poor government service delivery. The pay increase was published in a

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K27.3 billion budget tabled in PNG

The Papua New Guinea Government Tuesday handed down a whopping K27.3 billion (US$7.3 billion) 2024 Budget. Treasurer Ian Ling-Stuckey when presenting the Budget in Parliament described it as a responsible budget that is

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Fiji government launches ‘Citizen’s budget’

Orgs call for action on price gouging Fiji’s Deputy Prime Minister and Minister for Finance, Professor Biman Prasad, says the new budget has been meticulously constructed to lay the groundwork for long-term progress.

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US$4m approved for Guam airport projects

The House Appropriations Subcommittee on Transportation approved an additional US$4 million in funding requested by Guam for airport projects, the Office of Guam Delegate James Moylan announced Tuesday. The additional

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Fiji Budget Debate: TELs change ‘selling out’ students

Fiji opposition parliamentarian, Parveen Bala says the government’s new scholarship system is “selling out of the principle of equal access to higher education, just to keep a badly thought-out election

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Fiji Budget Debate: Bainivalu says tourism will be supported

“While the coalition government is making efforts to diversify the economy, we will still take care of tourism,” was the word from Assistant Minister for Tourism and Civil Aviation, Alitia Bainivalu in

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Fiji Budget Debate: Seruiratu concerned over government debt

The Leader of the Opposition in Fiji’s Parliament says the government’s budget will increase national debt from FJ$9.9 billion to $10.5 billion. Seruiratu said, “The government debt had been on the decline

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Fiji budget debate: Rabuka flags possible mini budget

Fiji’s Prime Minister said his government may deliver a mini-budget six months from now in order to ensure close monitoring of the 2023–2024 Budget. Prime Minister Sitiveni Rabuka told parliament yesterday: “This

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We Say: Fiji’s budget a test of unity

In the leadup to the coalition government’s 2023-2024 budget, citizens were warned by Prime Minister Sitiveni Rabuka, Finance Minister Biman Prasad, the Fiscal Review Committee and international financial institutions

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“Tough” Budget passed in Cook Islands Parliament

Cook Islands Parliament has officially passed the Budget after a grueling two-week session. Prime Minister Mark Brown praised the work of all parliamentarians over the past fortnight. It was the first time the Budget

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