Trust Fund Committee Conducts First Quarter FY 2024 Meeting – Reviews trust fund performance, discusses interim fiscal procedures, prepares for future implementation of 2023 Trust Fund Agreement once it enters into force

WASHINGTON, D.C. (December 4, 2023)– The Trust Fund Committee of the Trust Fund for the People of the Republic of the Marshall Islands (the Fund) conducted its Fiscal Year 2024 (FY24) first quarter meeting on November 29 in Honolulu, Hawaii. The Trust Fund Committee Members reviewed the Fund’s investment performance from July-October 30, 2023, reviewed the beginning of the FY23 audit, and discussed the timing, status, and fiscal procedures related to the Fund’s previously approved distribution. The Committee also had preliminary discussions regarding future administrative structures and functions to facilitate future implementation of the 2023 Trust Fund Agreement, which would enter into force after legislative...

Need more information? Contact us today. Contact Us