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Friday, May 2, 2008
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| WASC impressed by CMI turnaround | |||||||||||||||||||||
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| Top American accreditation officials visiting earlier this week were highly complimentary of the College of the Marshall Islands progress in meeting accreditation requirements. But they also expressed concern about recent government statements recommending a major shift in priorities for the college. CMI has made a 180 degree change from four years ago, Barbara Beno, the president of the Western Association of Schools and Colleges accrediting commission. Its quite a turnaround. CMI remains on warning the least severe WASC sanction and is hopeful of getting back to full accreditation in January. Beno pointed out a caution in regards to recent comments by Minister in Assistance Christopher Loeak at CMIs Foundation Day. He recommended a focus on vocational training. According to Beno, schools on sanction cannot make substantive changes which is what a change to vocational education would amount to. If CMI wants to make change, they need to go through a whole examination of their mission, charter and so on, she said. It takes time. Beno added that vocational and technical education is extremely costly and takes a lot of investment. Beno was accompanied by commission vice chairman Floyd Takeuchi. She also stressed the requirement of the college having a very independent board. Takeuchi said the government cannot choose the chair and vice chair of the CMI board, which is an internal matter for the board of regents to determine. | |||||||||||||||||||||
| The General Fund shortfall balloons to $2.7 million | |||||||||||||||||||||
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The Marshall Islands General Fund deficit ballooned in fiscal year 2007, more than doubling over FY2006, according to preliminary figures issued in the RMI governments FY2007 Compact report to US President George W. Bush. Tax and fishing revenues fell far short of projections and while the government reduced spending by about $200,000 from the budgeted amount, the government ended the year with a nearly $2.7 million deficit (shortfall) in the General Fund. This deficit was for the financial year that ended September 30 last year. from the homepage) The RMI government has run a deficit in its General Fund for the past three years, accumulating debt of more than $5.5 million since FY2005. In 2006, the deficit was $1.2 million and in FY2005 it was nearly $1.6 million. Revenues in FY2007 were $2.9 million under what was expected for the year by RMI budget planners, according to the report issued last week. The RMI government blamed the shortfall on poor revenue forecasts (and) also the under-performance of items such as fishing licenses and fuel taxes. The RMI said it has reviewed how it forecasts next years budget to improve accuracy and avoid the shortfall that occurred last year.
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| Taiwan visitors' birds nest coup | |||||||||||||||||||||
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All eyes were on the mule (inset) at Anil Island on Wednesday. From left: Steve Why, Amb. Bruce Linghu, Vice Minister Elizabeth Chu, Legislature President Wang Jin-Pyng, and Ecological Socieity CEO Liao Shih-ching. Front: China Bird Association Chairman Kuo Tung-hui.
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