Strengthening Economic Management and Planning (Financed by the Japan Special Fund)

Date: August 2007
Document Type: Technical Assistance Reports
Project Number: 41056-012

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The Government of the Federated States of Micronesia (FSM) requested the Asian Development Bank (ADB) to provide technical assistance (TA) to support national and state governments in strengthening their execution of performance-based budgeting to facilitate implementation of priority actions identified in the Strategic Development Plan 2004-2023 (SDP). The need to improve budget management and plan implementation within the broader context of improved economic management has been recognized domestically as well as in external assessments of the FSM by ADB, International Monetary Fund (IMF), and United States Government Accountability Office (US GAO).