US Interior hosts public forum on Pacific Island economies

WASHINGTON, D.C. — The U.S. Interior Assistant Secretary for Insular Areas Douglas W. Domenech hosted several presentations focused on economic performance, policies and possibilities for the Federated States of Micronesia, the Marshall Islands and Palau. Highlights from the presentations include varied performance across all three nations within specific sub-periods of fiscal 2003 to fiscal 2016; the Compact Trust Funds for the FSM and Marshall Islands were contrasted with that of Palau, with the most profound difference between the funds being the design; all three nations scored well in fiscal responsibility factors on potential reform focus, while all three . . .

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