Asian Development Bank and Federated States of Micronesia: Fact Sheet

Abstract

Updated yearly, this ADB Fact Sheet provides social and economic indicators on the Federated States of Micronesia (FSM) as well as concise information on ADB's operations in the country and contact information. The Federated States of Micronesia (FSM) has received eight loans for $75.14 million and $24.43 million for 42 technical assistance activities, since joining the Asian Development Bank (ADB) in 1990. The FSM is a loose federation of four states, each with its own government and identity. The physical isolation of the country, coupled with the remoteness of the four states, poses particular development challenges, as does coordination between the national government and the four state governments.