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NMI may reach herd immunity by July, governor says

WHILE some of the world’s major cities anticipate to reopen to tourism this summer, the CNMI wants to first ensure that the threshold for herd immunity has been reached before it reopens to tourists, Gov. Ralph DLG Torres said on Friday. “We are safe as a community, but in order for us to open up to tourism, we need to hit a certain threshold,” he said, adding that every state and jurisdiction has its own goals in terms of reopening its borders to tourism. “If we are not safe, then we have [no] business talking about tourism.” For starters, the governor said, there is a need to consider the quarantine protocols for visitors upon their return to their home countries.

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1,200 LWA payments issued, says Labor chief

1,200 LWA payments issued, says Labor chief
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NMI government slowly paying debts

WITH reimbursements from the federal government, the Commonwealth has been slowly paying down its debts, Finance Secretary David DLG Atalig told the House Ways and Means Committee on Tuesday. He said in the first quarter of fiscal year 2021, the CNMI government paid $700,000 for a 2007 general obligation bond. The Commonwealth is obligated to pay $7 million annually for the bond.  Next month, Atalig said the administration expects to make an additional payment of $2.9 million for the bond. He said the government is also required to remit $40 million annually to the CNMI Settlement Fund to pay 75% of the retirees’ pension. Atalig said in the first quarter of the fiscal year, the government paid about $6 million to the Settlement Fund.

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NMI awarded $41.3M for second stimulus payments

GOVERNOR Ralph DLG Torres on Wednesday announced that the U.S. Department of the Treasury had approved $41.3 million for the CNMI’s 2020 Recovery Rebate Credit and Second Economic Impact Payments

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