Auditor General exposes missing receipts for $60m COVID-19 funds as Ex-PM, Minister deflect concerns

Tongan government launched a TOP$60 million (US$24.97 million) stimulus budget in 2020 to ease the economic pressure on public health emergencies and health systems due to the COVID-19

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Capital Investment Immigration Plan money used for Airbus purchase safe:  Vanuatu Government

The Vanuatu Government has received assurances that funds paid to Airbus for the purchase of A220 aircraft are safe and will be returned once the domestic service of Air Vanuatu is resolved to improve connectivity. 

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Governor warns US federal cuts put Guam’s national security role on the line

“Guam is good, but it will be better,” Guam Governor Lou Leon Guerrero said Wednesday amid challenges facing the island in the thick of looming federal cuts that threaten to shrink the local government’s fiscal

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Tongan airline Lulutai seeking $7 million subsidy

The Tongan government is assessing the possibility of ceasing Lulutai Airlines services due to its inability to meet financial obligations, the Minister for Public Enterprises says.  The news follows serious

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Crucial 2023 PG documents ‘missing’

Supporting documents to complete a full audit into the 2023 Pacific Games expenditures have reportedly gone missing and may have been destroyed, sources have revealed. These documents include receipts, authorisation of

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Napat: ‘Donors must work our way or take their money back’

Vanuatu’s Prime Minister Jotham Napat has voiced frustration over the lengthy procedures involved in accessing donor funds meant to assist Vanuatu, stating that such delays delay effective recovery and development

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FNPF CEO Viliame Vodonaivalu presents annual report and highlights key developments

The Fiji National Provident Fund’s investment portfolio grew in value by more than one billion dollars last year. During the FNPF annual member forum in Suva last night, Chief Executive Viliame Vodonaivalu said the

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CNMI governor says federal memo on funding freeze a ‘wake-up call’ for states and territories

CNMI Governor Arnold Palacios said the Office of the Budget Management’s rescinded memo that called  for a pause on all federal assistance programmes served as a wake-up call for all states and

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New U.S COFA agreements offer $7.1b boost to Pacific Freely Associated States, but fiscal reforms are key, ADB report

The streams of U.S dollars that the three freely associated states will receive under their renewed bilateral agreements with the United States will go a long way if they implement stringent fiscal and debt policies and

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The World Bank head has thoughts on the Pacific – and needs Australia’s help

The president of the World Bank is due in Australia this week offering to be a force-multiplier for good in the Pacific Island states, and expecting some federal funding to do so.  In the first visit by a World Bank

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Tonga’s Finance Minister urges Pacific unity to increase Resilience Fund

Tonga’s Finance Minister, Tiofilusi Tiueti, has urged Pacific nations and their partners to rally behind the Pacific Resilience Facility (PRF), calling it a “bold step” towards a more resilient and sustainable

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U.S Interior’s Assistant Secretary Cantor announces $372 million in Compact funding for Marshall Islands

The United States Department of the Interior’s Assistant Secretary for Insular and International Affairs Carmen G. Cantor has announced US$372 million in Compact of Free Association funding for the Republic of the

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Vanuatu PM discloses $2 billion fund diversion, Airline crisis unveiled

Vanuatu Prime Minister Charlot Salwai has revealed that the Vanuatu Government’s VT2 billion (US$8.3 million) budget allocated for a new plane was instead used to pay for the lease of the ATR72 aircraft. 

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