Wednesday, March 26, 2014

According to a press release from Washington D.C., the Office of Insular Affairs is not requesting a


The budget request includes $92.2 million dollars in annual appropriations and $585.9 million dollars in permanent and indefinite appropriations of fiscal payments to U.S. Territories and the three Freely Associated States of Palau, Federated States of Micronesia and the Marshall ipay Islands.
Payments under the budget request to FAS states through the Compact of Free Association includes $75.8 million to RMI, $109.8 million to FSM, $41.5 million to Palau and $30 million for Compact Impact.
According to a press release from Washington D.C., the Office of Insular Affairs is not requesting appropriations for Palau compact assistance in 2015 as the renewed Compact agreement valued at $250 million will be enacted prior to the implementation ipay of the 2015 budget.
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