August 5, 2016
Koror, Palau: The Government of Palau and the United Nations Development Programme (UNDP) signed a milestone agreement today, in order to strengthen the capacity of local legislators and governance systems at local state levels in Palau.
The signed Government Co-Financing Agreement will see the Government of Palau invest US$450,000 toward financing the Palau Local Governance Strengthening Project. The Project has an implementation timeframe of three years and UNDP is contributing a further US$100,000 towards this initiative.
Palau’s Minister of Finance, Mr. Elbuchel Sadang said, “We are pleased to work with UNDP on this important project to support state governments’ in their efforts to operate effective, accountable and transparent state administrations. This project will help strengthen the management of public funds in these states and ensure these states effectively deliver services to their communities.”