Resolution

Capitalizing the NDBP to Promote Agriculture, Fishing, Housing, Infrastructure and Local Entrepreneurship

S.J.R. No. 12-22

To urge His Excellency Surangel S. Whipps, Jr., President of the Republic of Palau, to take all lawful steps necessary to withdraw $30 Million from the Compact of Free Association Trust Fund for the purpose of capitalizing the National Development Bank of Palau to stimulate development in agriculture, fishing, housing, infrastructure and small business and entrepreneurship.

Progress of the Resolution

In-Progress
5 Oct 2026

Assigned to Committee

Standing Committee on Ways and Means & Financial Matters

Copies of this resolution may be obtained by contacting the Senate Office.