in an interest bearing account to be used to reduce government arrears of Palau. Implementation of this section shall be carried out in accordance with the provisions of Appendix B of this Agreement. . (4) Direct economic assistance Subsection (a) of section 4 of the Agreement shall be construed as though the subsection reads as follows: (a) In addition to the economic assistance of $13,147,000 provided to the Government of Palau by the Government of the United States in each of fiscal years 2010, 2011, 2012, 2013, 2014, 2015, 2016, and 2017, and unless otherwise specified in this Agreement or in an Appendix of this Agreement, the Government of the United States shall provide the Government of Palau $27,250,000 in economic assistance as follows: (1) $7,250,000 in fiscal year 2018. (2) $6,000,000 in fiscal year 2019. (3) $5,000,000 in fiscal year 2020. (4) $4,000,000 in fiscal year 2021. (5) $3,000,000 in fiscal year 2022. (6) $2,000,000 in fiscal year 2023. The funds provided in any fiscal year under this subsection for economic assistance shall be provided in 4 quarterly payments (30 percent in the first quarter, 30 percent in the second quarter, 20 percent in the third quarter, and 20 percent in the fourth quarter) unless otherwise specified in this Agreement or in an Appendix of this Agreement. . (5) Infrastructure projects Section 5 of the Agreement shall be construed as though the section reads as follows: 5. Infrastructure projects The Government of the United States shall provide in fiscal year 2018, $40,000,000 to the Government of Palau towards one or more mutually agreed infrastructure projects in accordance with the provisions of Appendix C to this Agreement. . (d) Continuing programs and laws Section 105(f)(1)(B)(ix) of the Compact of Free Association Amendments Act of 2003 ( 48 U.S.C. 192ld(f)(1)(B)(ix) ) is amended by striking 2009 and inserting 2024 . (e) Audit