Asian Development Bank and the Federated States of Micronesia: Fact Sheet

Publication | May 2020

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’s Pacific Approach, 2016–2020 serves as the country partnership strategy for the FSM. The approach focuses on a three-pronged strategy to help small island nations reduce costs, manage risks, and create economic value.

The bank’s development program in the FSM seeks to reduce costs by increasing the supply of renewable energy; manage risks by improving disaster risk financing and public financial management; and create economic value by delivering safe water and sanitation services, strengthening human capacity through education and technological advancement, and supporting private sector development.

Updated yearly, this ADB Fact Sheet provides concise information on ADB's operations in the country and contact information.

Additional Details

Type
Series
Subjects
  • ADB administration and governance
  • ADB funds and products
Countries
  • Micronesia, Federated States of

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