April

April 25, 2020

21st FSM Congress Approves the Economic Stimulus Package

21st FSM Congress Approves the Economic Stimulus Package, President Panuelo Signs it Into Law; Businesses Encouraged to Apply for Wage Subsidies and Submit Taxes on Time […]
April 7, 2020

President Panuelo Prepares for Congress’ Consideration the FSM COVID-19 Economic Stimulus Package, Which Will Directly Subsidize Lost Salaries; FSM Also Signs Onto US Department of Labor’s Pandemic Unemployment Assistance Program

PALIKIR, Pohnpei—Highlighting the Nation’s anticipated ten percent (10%) economic decline as juxtaposed to a broader global recession resulting from the COVID-19 global health emergency, on April […]