FSM Trust Fund Proposed Legislation Submitted PALIKIR, Pohnpei (FSM Information Service): October 14, 1997 – President Jacob Nena, on October 6, 1997, transmitted to Congress Speaker Jack Fritz proposed legislation to appropriate $3.5 million for the FSM Trust Fund. If enacted, it will create a new chapter…

$200 Million Public Sector Investment Program PALIKIR, Pohnpei (FSM Information Service): October 14, 1997 – FSM President Jacob Nena, on October 6, 1997, informed the four state governors that the National Government has taken some efforts to identify technical and financial resources, to help in developing realistic…

FSM Banking Commissioner Reported on Commercial Banks PALIKIR, Pohnpei (FSM Information Service): October 14, 1997 – The FSM Banking Commissioner reported that it is observed that during the quarter ending June 30, 1997, there was a continued contraction of all major categories of assets in the FSM…

JICA Project Formulation Advisor to Visit FSM States PALIKIR, Pohnpei (FSM Information Service): September 13, 1997 – FSM President Jacob Nena, on October 1 and 2, 1997, informed Pohnpei Governor Del Pangelinan, Chuuk Governor Ansito Walter, Yap Governor Vincent Figir, and Kosrae Governor Moses Mackwelung, respectively, that…

Allotment to State of Kosrae for ERP PALIKIR, Pohnpei (FSM Information Service): September 13, 1997 – President Jacob Nena, on October 3, 1997, directed the Director of Budget to issue an allotment advice in the amount of $1 million to the Governor of the State of Kosrae…

10th CFSM to Convene 2nd Regular Session October 13 PALIKIR, Pohnpei (FSM Information Service): September 13, 1997 – Congress Vice Speaker Claude Phillip signed for Congress Speaker Jack Fritz, on September 30, 1997, and sent to President Jacob Nena, a letter informing him that the 10th Congress…

Amendment to Exempt JCN Positions from Public Service System PALIKIR, Pohnpei (FSM Information Service): September 13, 1997 – FSM President Jacob Nena, on October 2, 1997, transmitted to Congress Speaker Jack Fritz for consideration of Congress, a proposed amendment to Public Law No. 10-11, by adding a…

Condolences to Family and Friends of Nick Bossy PALIKIR, Pohnpei (FSM Information Service): September 13, 1997 – FSM President Jacob Nena relayed to Chuuk Governor Ansito Walter a message of condolence received from the Government and people of the Republic of Marshall Islands, for the family and…

Nena Inform Fritz FSM will Host SPF in 1998 PALIKIR, Pohnpei (FSM Information Service): September 13, 1997 – FSM President Jacob Nena, on October 3, 1997, informed Congress Speaker Jack Fritz that the FSM will host the South Pacific Forum which the FSM hosted in 1991. Nena…

Nena Vetoed Congressional Act 10-44 RE:CB 10-83 C.D.3 PALIKIR, Pohnpei (FSM Information Service): October 7, 1997 – FSM President Jacob Nena, on October 1, 1997, informed Congress Speaker Jack Fritz that he regretfully vetoed Congressional Act 10-44, regarding Congressional Bill No. 10-83, C.D.3, which was passed by…