- Policies and plans
Actions for Palau's future - the medium-term development strategy
The medium term development strategy (MTDS) – described as ―Actions for Palau‘s Future‖ – sets out the key strategies and actions to help achieve economic, social, environmental and cultural goals over the 5 year period 2009 to 2014. The MTDS establishes meaningful priorities and recommends credible policies and practical actions to address those priorities.
The MTDS has been designed to be flexible in addressing changing priorities and issues as they emerge. It is also important to recognize that the MTDS is essentially about developing and implementing policy actions to gain the maximum benefits from the resources that are available to Palau. It is not about preparing a wish list of projects or additional funding beyond historical levels to support economic development. Indeed many of the recommendations in the MTDS are about doing more with less.