Asian Development Bank and the Federated States of Micronesia: Fact Sheet
ADB supports the Federated States of Micronesia’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.
ADB has been supporting the Federated States of Micronesia (FSM) since 1990 and has committed loans of $83.5 million, grants of $9.3 million, and technical assistance projects worth $27.7 million. In response to a request from the Government of the FSM, ADB officially reclassified the country to Group A (grant-only) status as of 2017, to maximize financial resources available for the country’s long-term development.
Updated yearly, this ADB Fact Sheet provides social and economic indicators on the Federated States of Micronesia as well as concise information on ADB's operations in the country and contact information.