Federated States of Micronesia: Opening for Business
Asian Development Bank | January 2012
Abstract
The government and the people of the Federated States of Micronesia (FSM) have been working with the Asian Development Bank (ADB) since 1990. The FSM has achieved important development gains since it become a full-fledged member of the United Nations in 1991. ADB has helped the government build the foundations of this reform. It has provided much-needed support for the government's private sector development efforts, and the finance sector and public sector reforms. ADB has also assisted citizens of the FSM improve their health and education sector management. Due to ADB support for public infrastructure, the citizens also have greater access to essential services, including water, sewerage, and power. By the end of 2010, the FSM had received a total of $99.57 million of support from ADB through loans, grants, and technical assistance.
Citation
Asian Development Bank. 2012. Federated States of Micronesia: Opening for Business. © Asian Development Bank. http://hdl.handle.net/11540/929. License: CC BY 3.0 IGO.Keywords
Public Sector
Public Sector Reform
Private Sector
Private Sector Development
Private Sector Investments
Private Sector Participation
Private Sector Projects
Public Sector Infrastructure
Public Sector Management
Public Sector Projects
Government
ADB
Private enterprises
Privatization
Public enterprises
Public finance
Infrastructure projects
Development projects
Grants
Loans
Business
Nations
Power
Economic policy
Interorganizational relations
Bureaucracy
Religion and politics
Government companies
Investment of public funds
Intergovernmental fiscal relations
Social infrastructure
Public works
Government lending
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Citable URI
http://hdl.handle.net/11540/929Metadata
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