Government’s net cash reserves stood at $55 million at the end of financial year 2016/17 which ended in June this year.
Apii Avarua retained the Prince of Wales Athletics Championship title after another impressive performance at the BCI Stadium on Wednesday.
Twenty-nine open tenders for purchases of goods and services from a total of seven different government agencies were recorded in the financial year 2016/17.
The stage is set for the annual Prince of Wales Athletics Championship 2017 which will be held today at the BCI Stadium.
Talks have started between the Cook Islands, French Polynesia (Tahiti) and Samoa on possible regional airline connectivity between the three countries.