The Government has revealed that Nauru has been confirmed as fully compliant with European Union (EU) tax and financial security regulations at a recent EU international tax seminar in Fiji.
The Government has made another move towards improving the economy and providing a secure future for the people of Nauru by introducing a new superannuation scheme – Nauru Super.
Nauru has established a Court of Appeal to replace links with the High Court of Australia following the cessation of links to Australia’s highest court.
The Nauru government is going to new depths to build more revenue for the future of the country by joining a pioneering venture that could soon power the world’s green economy.
Chung, who has been at the helm of OFC since 2011, took the decision after much deliberation citing personal reasons.
The OFC Executive Committee will meet on Sunday 8 April.
