Federated States of Micronesia and ADB

In the Spotlight

News from Country Offices
Urgent Action Needed to Support Pacific Health Systems and Economies — ADB
The COVID-19 pandemic is highlighting the critical need to support health and social protection systems in the Pacific region, according to the latest issue of the ADB's Pacific Economic Monitor launched today.
News from Country Offices
ADB Announces More Than $13 Million in Grants to Help Pacific Combat COVID-19
ADB today announced more than $13 million in grants to help 10 developing members in the Pacific finance their responses to the coronavirus disease (COVID-19) pandemic.
News from Country Offices
ADB's Investment for Building Urban Resilience in Pacific to Hit $900 Million
ADB and cofinancing partners’ investment to make Pacific towns and cities more livable through improved essential services is poised to reach $900 million by the end of 2022, according to a new report.

Serials
Pacific Economic Monitor – July 2020
Most Pacific island countries appear to have avoided direct health impacts from the coronavirus disease (COVID-19). Yet, the pandemic highlights the need to strengthen their health and social protection systems.

Data: FSM ADB and the FSM: Fact Sheet

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.

FSM: Cofinancing

Project Performance, 2000-2018

Download data: Success Rates Database

ADB Projects in the FSM

Project Results

Project Result / Case Study
The Pacific Islands: The Push for Renewable Energy
A structural shift is taking place in the Pacific islands, as countries move away from fossil fuels in favor of more climate friendly forms of energy.
Project Result / Case Study
The Pacific Islands: Building Resilience to Natural Disasters
Across the region, ADB is committed to preparing climate change risk assessments for all its infrastructure investments in the Pacific.
Project Result / Case Study
The Pacific Islands: Connecting Countries to Each Other and the World
Connectivity in the Pacific has two components: the physical and the digital. ADB has been working with development partners to help people and businesses overcome their isolation.