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News Detail Page icon The Road to Recovery: Further Updating the Economic Impact of COVID-19 and Strategies for Mitigation in the Republic of Palau The Road to Recovery: Further Updating the Economic Impact of COVID-19 and Strategies for Mitigation in the Republic of Palau

Calendar icon28 Feb 2021

news detail page news by  JasonJason

Featured image on news palau-covid
EconMAP Technical Note on COVID Impact in Palau

The Graduate School USA’s Economic Monitoring and Analysis Program (EconMAP), with funding support from the U.S. Department of the Interior’s Office of Insular Affairs and the Asian Development Bank, has published a new Technical Note, The Road to Recovery: Further Updating the Economic Impact of COVID-19 and Strategies for Mitigation in the Republic of Palau.

In response to the COVID-19 global pandemic, this publication examines the policies implemented by the Republic of Palau, the implementation of its nationwide immunization program, and the national desire to reopen borders and commence with economic recovery without a severe threat to the population and the national health system.

Specifically, this publication:

  • reviews the impact of the COVID-19 global pandemic on the economy of Palau in FY20;
  • analyzes the various mitigation programs initiated by Palau, together with their impact on household incomes with a gender analysis;
  • projects the economic outturn in FY21, when the full impact of the pandemic is realized from the outset, and over the medium-term as economic recovery begins following the implementation of the COVID-19 vaccination program;
  • discusses financing needs and the impact of the pandemic on external debt and debt service;
  • examines two scenarios: (i) the impact of opening a sealed corridor with Taiwan, and (ii) impact of the termination of the unemployment benefits under CROSS act;
  • explores policy options that the administration might wish to pursue to reduce costs and thereby reduce the debt burden on future generations.

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Featured image of news palau-covid

The Road to Recovery: Further Updating the Economic Impact of COVID-19 and Strategies for Mitigation in the Republic of Palau

Calendar icon28 Feb 2021

news widget detailed news by  JasonJason

The Graduate School USA’s Economic Monitoring and Analysis Program (EconMAP), with funding support from the U.S. Department of the Interior’s Office of Insular Affairs and the Asian Development Bank, has published a new Technical Note, The Road to Recovery: Further Updating the Economic Impact...

news subscribe icon The Road to Recovery: Further Updating the Economic Impact of COVID-19 and Strategies for Mitigation in the Republic of PalauRead More
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PITI-VITI Completes Training for Pacific Island Accountability Professionals on Auditing COVID Spending

Calendar icon27 Oct 2020

news widget detailed news by  JasonJason

The Graduate School USA’s Pacific and Virgin Islands Training Initiatives hosted “Auditing COVID Spending in the Pacific Islands: Opportunities and Challenges,” professional training held virtually on October 20, 2020. The training was funded through the Office of Insular Affairs’ technical...

news subscribe icon PITI-VITI Completes Training for Pacific Island Accountability Professionals on Auditing COVID SpendingRead More
Featured image of news executive-leadership-development-program-launches-2021-cohort-with-40-public-servants-from-the-pacific-and-us-virgin-islands

Executive Leadership Development Program Launches 2021 Cohort with 40 Public Servants from the Pacific and U.S. Virgin Islands

Calendar icon16 Oct 2020

news widget detailed news by  JasonJason

A promising group of 40 public servants from throughout the U.S. affiliated insular areas represent the 2021 Executive Leadership Development Program (ELDP) Cohort. The ELDP is funded by the U. S. Department of Interior’s Office of Insular Affairs and administered by the Graduate School USA’s...

news subscribe icon Executive Leadership Development Program Launches 2021 Cohort with 40 Public Servants from the Pacific and U.S. Virgin IslandsRead More
Featured image of news apipa-is-applauded-for-31st-annual-island-audit-training-conference-held-virtually-from-august-3–14-2020

APIPA is Applauded for 31st Annual Island Audit Training Conference, Held Virtually From August 3–14, 2020

Calendar icon30 Aug 2020

news widget detailed news by  JasonJason

The Association of Pacific Islands Public Auditors (APIPA) pivoted from its annual in-person conference to deliver a virtual conference on August 3 to 14, 2020, and was congratulated for a successful gathering of almost 700 participants from audit, finance, grants management, and other offices at...

news subscribe icon APIPA is Applauded for 31st Annual Island Audit Training Conference, Held Virtually From August 3–14, 2020Read More

Camera Photo Gallery

Photos from recent activities hosted by the Pacific and Virgin Islands Training Initiatives (PITI-VITI) in support of conferences, training and leadership development, are available below.