The CNMI ended fiscal year 2023 with an estimated $4.1-million deficit, arising from a revenue shortfall of $313,310 and over-expenditure amounting to $3.8 million, according to Gov. Arnold I. Palacios.
The Palacios-Apatang administration is expecting the CNMI’s economic recovery in the coming year with more tourist arrivals, federally funded construction activities expedited, and increased tax collections, according to Department of