President Simina Signs into Law P.L No. 24-65 to Support Fuel Price Stability and Energy Security
PALIKIR, Pohnpei – FSM – 2 June 2026 – His Excellency President Wesley W. Simina today signed Public Law No. 24-65, authorizing a sovereign guarantee in support of a US$5 million financing facility for Vital FSM Petroleum Corporation (FSMPC) and strengthening the Federated States of Micronesia’s fuel price stabilization mechanism. The legislation was submitted by […]

