24 Mar 2011

Marshalls gets Taiwan aid after accounting delays

1:50 pm on 24 March 2011

Taiwan has released scheduled aid funds to the Marshall Islands after withholding the quarterly payment for two months.

While Taiwan's Ambassador T.K. Li expressed his government's commitment to the partnership with the Marshalls, he underlined the importance of timely, detailed and updated progress reports to ensure full implementation of the annual grants.

The 1.75 million US dollars was withheld until preceding spending was accounted for.

It was the first time in the 13 year relationship between Taiwan and the Marshall Islands that aid funding was held up.

Taiwan's President, Ma Ying-jeou, has increased accountability requirements of aid provided to the Marshall Islands compared to the previous administration in Taiwan.