Inclusive Growth through Better Governance and Partnerships

Growth in the Asia and Pacific region is strong, but growth alone is not enough for the region to succeed in an era of global change, ADB's President said in his annual address to the Board of Governors. Read More

Governors' Seminar: How Can Asia Respond to the Global Economic Crisis

A global slowdown can have spillover effects on Asia's economies. How can the region rebalance, diversify and ensure everyone benefits from the boom? Read More

ADB Secures $12.4 Billion for Asian Development Fund

The funds will help improve the lives of millions of Asia's poorest through inclusive, sustainable growth. Read More

Pacific Growth to Moderate: ADB Report

Economic growth in the Pacific region is expected to slow to 6.0% in 2012, decelerating further to 4.1% in 2013, says the Asian Development Outlook 2012 report. Read More

Overview

The Federated States of Micronesia is a loose federation of four states, each with its own government and identity. The physical isolation of the country and the remoteness of the four states pose particular development challenges.

ADB's country operations business plan, 2012–2014, shifts the strategic focus from governance and social development to public sector reform and infrastructure development.

Fast Facts

0.10 (2011)
Population in millions

-0.4% (2009-2011)
Annual population growth rate

29.9% (2005)
Population living below the national poverty line

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Publications

May 2012 Pacific PSD Quarterly - May 2012

Apr 2012 Asian Development Bank and Federated States of Micronesia: Fact Sheet

Apr 2012 The State of Pacific Towns and Cities: Urbanization in ADB's Pacific Developing Member Countries

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News Releases

4 May 2012 Inclusive, Green, Knowledge-Based Growth Keys to Asia's Future
3 May 2012 Global Crisis Must Not Disrupt Asia's Continuing Transformation: ADB Report
2 May 2012 ADB Secures More Than $12 Billion to Help Asia's Poorest
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Development Effectiveness

January 2012
Federated States of Micronesia: Opening for Business

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