Taiwan release $13.5m to gov’t

TAIWAN Tuesday released $13.5 million to the government for the second payment of the 2014 Constituency Development Fund. Ambassador Victor Te-Sun Yu handed the funds to Prime Minister Gordon Darcy Lilo. There are three annual installments of payments for 2014 Taiwan funding, which is composed of the Support to Constituency Development (RSCD), Constituency Micro-Project Fund…

Gov’t seeks extra $187m

THE Minister of Finance and Treasury, Rick Hou has introduced the 2014 Supplementary Appropriation (No.2) Bill 2014 in Parliament on Wednesday. The Bill is to appropriate an additional $187.8 million to the service of the year ending 31st December 2014. Introducing the Bill, Mr Hou said, as a Government it has to ensure that respect…