Asian Development Bank and Federated States of Micronesia: Fact Sheet
Asian Development Bank | April 2015
Abstract
The Asian Development Bank (ADB) has been working with the Federated States of Micronesia (FSM) since 1990, providing 10 loans totaling $84.18 million and 47 technical assistance projects worth $27.23 million. ADB has supported good governance in the FSM with a focus on economic management and accountability. The government formulated its ongoing development framework in 2012 which highlights the importance of ownership of the development process at the national and state levels, accompanied by well-coordinated, sector-based
support from development partners. ADB continues to support this initiative.
Citation
Asian Development Bank. 2015. Asian Development Bank and Federated States of Micronesia: Fact Sheet. © Asian Development Bank. http://hdl.handle.net/11540/5194. License: CC BY 3.0 IGO.Keywords
Macroeconomic
Macroeconomic Analysis
Performance Evaluation
Impact Evaluation
Economic indicators
Growth models
Gross domestic product
Economic forecast
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