Palau States Receive Half Of Fiscal Year’s Fishing Revenues

admin's picture

Koror, Airai get largest payouts from $432,816 total

By Aurea Gerundio-Dizon

KOROR, Palau (Island Times, August 5, 2013) – All 16 states of Palau yesterday received its share in fishing revenue for two quarters this fiscal year during a meeting between all members of the House of Delegates, some senators and Executive Branch officials and the governors.

The fishing revenue distributed by Finance Min. Elbuchel Sadang and Presidential Chief of Staff Secilil Eldebechel to each of the 16 states totaled $432,816.

The amounts received by each state were as follows: $19,575 to Aimeliik; $38,399 to Airai; $19,959 to Angaur; $17,841 to Hatohobei; $18,946 to Kayangel; $114,774 to Koror; $20,504 to Melekeok; $21,962 to Ngaraard; $21,248 to Ngarchelong; $18,777 to Ngardmau; $19,936 to Ngaremlengui; $21,064 to Ngatpang; $19,453 to Ngchesar; $19,215 to Ngiwal; $22,890 to Peleliu; and $18,271 to Sonsorol.

The revenue in the remaining two quarters of Fiscal Year 2013, according to Sadang, will be distributed to the states before the end of the fiscal year.

Speaker Sabino Anastacio arranged the meeting of all delegates and governors and invited as guests some senators, including Senate Vice President Hokkons Baules, Sen. Surangel Whipps Jr., who is chairman of the Senate Committee on Ways and Means and Financial Matters, and Sen. Rukebai Inabo, the vice chair of the same committee, and Executive Branch officials.

According to the speaker, budget hearing with state governors was waived therefore he called the meeting for the Olbiil Era Kelulau (OEK) members to hear the governors’ concerns with respect to their state and for the lawmakers to convey their commitment to working with the governors to help achieve similar goals.

Anastacio assured the governors that the House of Delegates will help state governments in any way they can for the states to develop its economic activities.

Baules also reiterated commitment from Senate to work with the states. The Senate vice president further committed to increase budget appropriations for the state. But if there is not enough funding for the increase, he committed to working on maintaining the level of funding for the states as in previous fiscal year and not to cut it.

Rate this article: 
No votes yet

Add new comment