Federated States of Micronesia: Opening for Business

Publication | January 2012

The government and the people of the Federated States of Micronesia (FSM) have been working with the Asian Development Bank (ADB) since 1990. The FSM has achieved important development gains since it become a full-fledged member of the United Nations in 1991. ADB has helped the government build the foundations of this reform. It has provided much-needed support for the government's private sector development efforts, and the finance sector and public sector reforms. ADB has also assisted citizens of the FSM improve their health and education sector management. Due to ADB support for public infrastructure, the citizens also have greater access to essential services, including water, sewerage, and power. By the end of 2010, the FSM had received a total of $99.57 million of support from ADB through loans, grants, and technical assistance.

Contents 

  • Federated States of Micronesia Development Indicators
  • Federated States of Micronesia and ADB: From Public Sector to Private
  • ADB's Contribution to Development and Poverty Reduction
  • Operational Effectiveness: Improving Efficiency and Performance
  • Future Challenges