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Yap Summit Community Sector - Yap State Government

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YAP STATE GOVERNMENT<br />

INTRODUCTION TO THE STANDING COMMITTEES<br />

The economy of the <strong>State</strong> of <strong>Yap</strong> can be looked at from the tripod of three main areas that influence the macro<br />

economy, and that are fed by the activities developed in the productive sectors of the economy such as<br />

agriculture, fisheries, tourism, etc. The three core areas referred to are Public <strong>Sector</strong>, Private <strong>Sector</strong>, and Informal<br />

and Traditional Economy.<br />

Figure 1. Economic Triopod<br />

Hence three Standing Committees were created: Public <strong>Sector</strong>, Private <strong>Sector</strong>, and Informal & Traditional<br />

Economy.<br />

The three Committees will be working both separately and interacting with each other according to the topic<br />

under discussion.<br />

4 | P a g e

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