Federated States of Micronesia and ADB
In the Spotlight
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How can the Pacific tackle the challenges of isolation?
Pacific economies are looking to overcome their remoteness through telecommunications technology, improved transport networks, and greater private investment and competition, says a new ADB report.
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Pacific Growth to Pick Up in 2017 — ADB Report
Pacific economies face gradually improving growth prospects in the next 12 months on the back of stronger economic fundamentals, says a new ADB report.
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Pacific Urban Update 2016: Federated States of Micronesia
The Omnibus Infrastructure Development Project closed in 2016. It has seen 6,200 residents in the coastal town of Kolonia, Pohnpei benefit from improved sewage treatment and water quality at the Kolonia Port of Micronesia.
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GCF Supports ADB to Accelerate Shift to Renewable Energy in the Pacific
The Green Climate Fund (GCF) has approved funding to support a proposed ADB program that will assist seven Pacific island countries to transition to a renewable energy future.
The resumption of public investments in the Federated States of Micronesia (FSM) has helped its economy attain 1.4% growth in Fiscal Year 2015, following 3 years of economic contraction. Stimulus from construction under compact infrastructure grants will support growth in the near term.
Development support has focused on stimulating the private sector and on achieving medium-term fiscal sustainability, to ensure sufficient resources are available as the expiration of compact grants in FY2023 approaches.
Latest
Boosting Connectivity Will Strengthen Services, Lift Growth in Pacific — ADB
Enhanced connectivity through ICTs and transport infrastructure development are some of the efforts needed to increase economic opportunities, among others, says the latest issue of ADB's Pacific Economic Monitor.
To help overcome remoteness, Pacific economies are looking to improve economic integration not only through ICT and transport network investments, but also by promoting greater competition and private investment.
Pacific Economic Monitor - July 2017
New ADB Director General for Pacific Assumes Office
ADB has appointed Ma. Carmela Locsin as the new Director General for its Pacific Department. Ms. Locsin, who assumed office today, is the first woman to head the department.
Projects in Federated States of Micronesia
Proposed
No projects in this category were found.
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-0.04%
Average annual population growth rate in Micronesia (2011-2016)
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0.1
Population in Micronesia, in millions (2016)
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41.2%
Population living below the national poverty line in Micronesia (2013)
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100
Maternal mortality ratio in Micronesia, per 100,000 live births (2015)