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Federated States of Micronesia (FSM) and ADB

ADB supports the FSM's Action Plan 2023 by prioritizing investments in energy, water supply and sanitation, and basic education; and providing technical assistance that supports public administration reforms.

In the Spotlight

Economic Forecast

GDP forecasts are based on ADB's flagship publication, the Asian Development Outlook. Updated four times a year, it analyzes economic and development issues in developing countries in Asia and the Pacific.


Poverty in the FSM

Development indicators for the FSM, including a selection of economic, environmental, and social indicators used globally to track progress toward the Sustainable Development Goals.


Projects Cofinanced

Cofinancing operations enable ADB’s financing partners, governments or their agencies, multilateral financing institutions, and commercial organizations to participate in financing ADB projects. Additional funds are provided in the form of official loans and grants, technical assistance, other concessional financing, and commercial cofinancing such as B loans, risk transfer arrangements, parallel loans and equity, guarantee cofinancing, and cofinancing for transactions under ADB’s Trade Finance Program.


Project Performance, 2000-2018

ADB Projects in the FSM

Project Results

News

15 Dec 2020 | News from Country Offices

Health, Social Protection to Underpin Sustainable Recovery from COVID-19

Growth in the Pacific subregion for 2020 has been further downgraded as the impact of the coronavirus disease (COVID-19) pandemic continues to squeeze the region’s economies.

02 Dec 2020 | News from Country Offices

ADB Grant of $12.8 Million to Improve Water Supply and Sanitation in FSM

ADB has approved a $12.8 million grant for the Chuuk Water Supply and Sanitation Project to improve access to safe water and sanitation and in the Federated States of Micronesia.

25 Nov 2020 | News from Country Offices

ADB to Provide $94 Million to Boost Disaster Resilience in Pacific

ADB has approved $94 million in contingent disaster financing for the third phase of the Pacific Disaster Resilience Program to help boost disaster resilience in the region.

17 Nov 2020 | News from Country Offices

ADB Report says Smart Ports will Boost Economic Growth in Pacific

Upgrading ports in the Pacific with smart infrastructure and processes will remove inefficiencies, reduce costs, and protect against natural disasters and climate change, according to a new Asian Development Bank report.

Contact

Pacific Department (PARD) - Asian Development Bank (ADB)

6 ADB Avenue, Mandaluyong City
1550 Metro Manila, Philippines

  Office Hours: 9:00 a.m. to 6:00 p.m. (Monday to Friday)

  Tel +632 6325346
  Fax +632 6362444
  E-mail

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