AGP Executive Report
Last update: 2 hours agoRegional Finance: The Asian Development Bank’s 2026–2030 Pacific strategy puts resilience, infrastructure and private-sector growth at the center of its work with 12 island economies, including Palau. The bank says it will tailor projects to local needs and help build skills and economic opportunities. Cost of Living: Palau senators have proposed cutting the 10% goods and services tax to 5%, removing it from groceries and ending taxes on public utilities and communications companies. The bills aim to ease pressure on household budgets and essential-service costs; they have not yet become law. Tourism: Qantas is offering discounted Pacific fares, including Brisbane–Palau return flights from $799, giving the country a chance to attract more Australian visitors.
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