Loan to pay loan

By Journal on December 4, 2015 Alvin Jacklick, Giff Johnson, Maybelline Bing, National Telecommunication Authority, Tommy Kijiner, US Rural Utilities Service News Archive

GIFF JOHNSON The Marshall Islands government was forced last month to take out a bank loan to meet a $1.2 million loan payment to the US Rural Utilities Service for the National Telecommunications Authority. Despite it being early in the new fiscal year, a cash flow shortage prevented the Ministry of Finance from making the […]