Kosrae Poultry National Project as a Revolving Fund
PALIKIR, Pohnpei (FSM Information Service): March 20, 1998 - President Jacob Nena, on March 13th, transmitted to Congress Speaker a proposed amendment to PL No. 8-75 as amended, to specify that the $35,000 previously appropriated for Kosrae Poultry National Project be kept as a revolving fund instead.
"I believe the appropriate mechanism to obtain maximum mileage out of the funds is to keep it in a revolving fund for an ongoing poultry project" Nena told Fritz. The law designated the President as the allottee of the fund.
Nena requested congress for a favorable action on the bill.
For further information on this release, please contact:
FSM Office of the President Public Information: Press, Radio, Video P.O Box 34 Palikir Station, Pohnpei, FM 96941 Tel.: (691) 320-2548/2092 Fax.: (691) 320-4356 e-mail: firstname.lastname@example.org http://www.fsmpio.fm/