fbpx Federated States of Micronesia and ADB | Asian Development Bank

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

  • Pacific Economic Monitor – July 2020
    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.

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

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.

13 Nov 2020 | News from Country Offices

ADB Provides $14 Million Grant to Help FSM Respond to COVID-19

ADB has approved a $14 million grant to help the Government of the Federated States of Micronesia respond to the coronavirus disease (COVID-19) pandemic.

30 Jul 2020 | 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.

30 Jul 2020 | 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.

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

View all contacts