$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…

FSM Congress’ 2nd Regular Session Convened Oct. 13, 1997 PALIKIR, Pohnpei (FSM Information Service): October 14, 1997 – The Second Regular Session of the Tenth Congress of the Federated States of Micronesia was convened at 10 o’clock a.m. on October 13, 1997 by Speaker Fritz following the…

Well Drilling Rig for Uman Island PALIKIR, Pohnpei (FSM Information Service): October 14, 1997 – President Jacob Nena, on October 8, 1997, responded to a letter which Congress Speaker Jack Fritz requested in assistance of the Office of Planning and Statistics (OPS) for well drilling on Uman…

Federal Programs Accounting Responsibilities PALIKIR, Pohnpei (FSM Information Service): October 14, 1997 – President Jacob Nena, on October 6, 1997, informed Chuuk Governor Ansito Walter that Chuuk State Finance and FSM Finance have agreed to transfer the accounting responsibilities over U.S. Federal Grants and Compact funds to…

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…

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…

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…