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Report approved for RMI trust fund

WASHINGTON, D.C.—The Trust Fund Committee of the Trust Fund for the People of the Republic of the Marshall Islands approved the Fiscal Year 2016 Annual Report on March 31. The audited financial statements were completed by the independent auditor Baker Tilly Virchow Krause, LLP,...
Posted On May 09 2017 06:06
, By Press Release

‘Give NMI economy a chance to expand’

Rep. Joseph Leepan T. Guerrero (R-Saipan) hopes the federal government would give the CNMI the chance to further grow its economy on its own so it could become self-sustaining and not dependent on federal funds. One way to achieve this is to make the Commonwealth part of the...
Posted On May 05 2017 06:06
, By Jon Perez

Vanguard is new investment adviser of RMI Fund

WASHINGTON, D.C.—The Trust Fund Committee of the trust fund for the People of the Republic of the Marshall Islands selected Vanguard Institutional Advisory Services as an investment adviser at its quarterly meeting on Apr. 7. VIAS will also provide custodial services to the fund....
Posted On May 03 2017 06:06
, By Press Release

OIA releases $1.7 million for territories, FAS

The Office of Insular Affairs approved three technical assistance grants totaling $1.7 million to the four United States territories and Freely Associated States—the Federated States of Micronesia, the Republic of the Marshall Islands, and the Republic of Palau. The money is part...
Posted On Mar 28 2017 06:00
, By Jon Perez
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