FSMIS (October 23, 2013): President Manny Mori wrote to
Governor Sebastian Anefal and Speaker Henry Falan of the State of Yap on
October 18, seeking the two Leaders’ support on “two of the most critical
goals” facing the Federated States of Micronesia.
The
President has raised the level of alert on progress made on the projects for
improving tax regime and telecommunication sector in the FSM. The bills for
both of these projects have been under review by the FSM Congress. The passing the various tax
reform measures has proven to be more difficult looking at the number of
years it has taken as doing so requires actions by all the law making
bodies and subsequent executive review in the federation.
“Both the
Palau-Yap-Guam submarine cable system and the tax reform are on tight timelines
and might fail if we cannot pass the necessary legislation promptly. As you may
be aware, we are planning a Special Session of Congress for some time in
November, and it is essential for us to make legislative progress on telecom
liberalization and tax reform during that Special Session.”
President
Mori specifically inquired of the leadership of Yap State “if there is any way Yap State can reconsider its
position on the tax reform and figure out a way to join in the FSM tax reform
efforts”. He also stressed his commitment to work with Congress on necessary
measures that will bring about internet cable connectivity to Yap.
“I believe
fiber optic connectivity and tax reform are both in the best interests of our
country, and I look forward to working with the Yap State leadership and with
Congress at the upcoming Special Session to make both projects a reality.”
For further information, email fsmpio@mail.fm.
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