Compact dominates EPIC agenda
PALIKIR, Pohnpei (FSM Information Service): July 13, 2001 - The Third meeting of the Economic Policy Implementation Council (EPIC) of the Federated States of Micronesia will convene in Palikir on July 13.
An outcome of the 2nd Economic Summit, the Council was ccreated in June 2000 with the objective of moving forward in the FSM economic reform agenda. President Leo A. Falcam who chairs the council, said EPIC focuses and concentrates on key economic policies that will affect the immediate and future economic growth prospect of the FSM.
Since its inception last year, EPIC has been keeping in sight of it objective through regular meetings and implementation of their outcomes. A second meeting was held in October of the same year followed by a Special Meeting in December 2000.
Issues tabled by EPIC range from ADB loans, tax reform plans, unified registry to FSM planning frameworks and Compact re-negotiations.
Friday's meeting will revisit several unresolved issues and address new concerns outlined in a proposed agenda that include:
The Council is comprised of leadership from the national and the four state governments. Members from the National government include the President, Vice-President and Speaker of the FSM Congress. The Governors and Speakers of the Legislative Branch represent the State Governments.
The FSM Department of Economic Affairs remains the Secretariat for the Council.
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: email@example.com http://www.fsmpio.fm/