GUAM'S 2.6 MILLION RECYCLING FUND FROZEN AS REGULATIONS ARE PENDING APPROVAL

摘要

More than US$ 2.6 million has gone towards Guam's Recycling Revolving Fund, sourced mainly from recycling fees paid by the island's consumers. However, the Guam Daily Post urges that the money cannot be touched since rules and regulations for the fund have not been approved yet. The Recycling Revolving Fund accrues money from recycling fees imposed on Guam's 162 700 inhabitants renewing their annual motor vehicle registration with the Department of Revenue and Taxation's Division of Motor Vehicles.