PPUC expects $3.5 million shortfall in 2018
By: L.N. Reklai
July 27, 2017 (Koror, Palau) A letter to Olbiil Era Kelulau from Palau Public Utilities Corporation reported that the financial health of PPUC Water and Wastewater Operations (WWO) has been failing and that it is expected to get worse when the first scheduled loan payment for the Water & Sewer Loan comes on line in 2018.
PPUC Board of Directors and Management requested to meet with OEK members to discuss solutions to this issue.