PALAU PRESIDENT SIGNS $56 MILLION BUDGET

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House unhappy with ‘questionable’ provisions

KOROR, Palau (Palau Horizon, Oct. 4, 2010) – President Johnson Toribiong signed on Thursday night the fiscal year 2011 budget bill amounting to $56 million.

The House of Delegates last week rejected the changes to the bill proposed by Toribiong but the Senate accepted them.

On Wednesday, two days before the start of FY 2011, the House voted to adopt the president’s amendments.

The House earlier noted "questionable" provisions that were never explained by the administration.

Toribiong, the House added, did not stay within his original amount.

The new budget allows Toribiong to reprogram funds retroactive to fiscal year 2010.

It has a provision that repeals the requirement to report to lawmakers the expenditure and obligation of all funds received from outside sources.

The budget allows the appropriation or disbursement of Protected Areas Network funds from the 2011 fees collected.

It also allows the Compact Review Office services purchased with the funds appropriated exempted from competitive procurement requirements.

Toribiong signed the budget upon his return from his trip to the United States.

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