Asian Development Bank and the Federated States of Micronesia: Fact Sheet
ADB’s support to the Federated States of Micronesia combines investments in energy, water supply and sanitation, and basic education.
ADB also provides technical assistance that supports public administration reforms at the state level. ADB has been working with the Government of the Federated States of Micronesia (FSM) since 1990, approving over $84.18 million in loans, and technical assistance projects worth $27.73 million.
ADB has historically supported good governance in the FSM, with a focus on economic management and accountability, while also promoting development of the country’s social and private sectors. By helping to address the country’s limitations in human resources management and staff development, ADB has supported the government’s efforts to increase institutional capacity for public sector management. ADB support has also helped expand access to financial and business development services for the small and medium-sized enterprises of the FSM.
Updated yearly, this ADB Fact Sheet provides social and economic indicators on the FSM as well as concise information on ADB's operations in the country and contact information.