ADB is committed to achieving a prosperous, inclusive, resilient, and sustainable Asia and the Pacific, while sustaining its efforts to eradicate extreme poverty.
Established in 1966, it is owned by 68 members—49 from the region.
ORGANIZATION
ACCOUNTABILITY
ADB supports projects in developing member countries that create economic and development impact, delivered through both public and private sector operations, advisory services, and knowledge support.
Federated States of Micronesia (FSM) and ADB
ADB supports the Federated States of Micronesia through investments in energy, water, transport, and education, including through technical assistance for related public administration reforms.
In the Spotlight
Pacific Region Infrastructure Facility Annual Report 2022
This report provides an overview of the strategic context, activities, and deliverables of the Pacific Region Infrastructure Facility (PRIF) in 2022.
Domestic Resource Mobilization Instrumental for Economic Recovery and Resilience in the Pacific — ADB
The Pacific economy is projected to continue expanding in 2023–2024, but supporting further growth requires additional government resources, according to the latest issue of ADB's Pacific Economic Monitor launched today.
Pacific Economic Monitor – December 2023: Domestic Resource Mobilization for Economic Recovery and Resilience
Continued growth is expected in the Pacific, but governments need to generate additional resources for public infrastructure and services essential to sustaining economic development.
Asian Development Bank and the Federated States of Micronesia: Fact Sheet
As a small island developing state, the Federated States of Micronesia (FSM) experiences heightened barriers to growth due to its geographic isolation, small population and associated capacity constraints, and exposure to natural hazards.
Federated States of Micronesia Facts
ADB's Work in the Federated States of Micronesia
The FSM joined ADB in 1990. ADB’s programming in the country seeks to reduce costs by increasing the supply of renewable energy; manage risks by improving disaster risk financing and public financial management; and create value by delivering safe water and sanitation services, strengthening human capacity, and supporting private sector development.
ADB’s Pacific Approach, 2021–2025, serves as the country partnership strategy for the FSM, and focuses on building resilience against economic shocks, delivering sustainable services, and promoting inclusive and sustainable growth.
Data: Federated States of Micronesia
Forecasts are based on ADB's flagship publication, the Asian Development Outlook. Updated four times a year, it analyzes economic and development issues in developing countries in Asia and the Pacific.
Development indicators for Federated States of Micronesia, including a selection of economic, environmental, and social indicators used globally to track progress toward the Sustainable Development Goals.
Results achieved are aggregate amounts of outputs and outcomes from operations reported in project completion reports and extended annual review reports circulated for the year.
Cofinancing operations enable ADB’s financing partners, governments or their agencies, multilateral financing institutions, and commercial organizations to participate in financing ADB projects.
ADB Projects in the Federated States of Micronesia View all projects
Featured
A structural shift is taking place in the Pacific islands, as countries move away from fossil fuels in favor of more climate friendly forms of energy.
Approved/Active
What's New
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| Institutional Documents, Statutory Reports and Official Records
Pacific Region Infrastructure Facility Annual Report 2022
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| Publications, Reports
Pacific Economic Monitor – December 2023: Domestic Resource Mobilization for Economic Recovery and Resilience
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| News from Country Offices
Domestic Resource Mobilization Instrumental for Economic Recovery and Resilience in the Pacific — ADB
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| News Releases, News Release
ADB Announces More Concessional Lending Terms for Small Island Developing States
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| Publications, Brochures and Flyers
Asian Development Bank and the Federated States of Micronesia: Fact Sheet
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| Publications, Reports
Asia Small and Medium-Sized Enterprise Monitor 2023: How Small Firms Can Contribute to Resilient Growth in the Pacific Post COVID-19 Pandemic
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| Statutory Reports and Official Records
Pacific Renewable Energy Investment Facility Annual Report (January-December 2022)
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| News Releases, News from Country Offices
ADB Forecasts Continued Pandemic Recovery for Pacific Economies in 2023, 2024
Contact: Pacific Department (PARD)
6 ADB Avenue, Mandaluyong City, 1550 Metro Manila, Philippines
Office Hours: 8:30 a.m. to 5:30 p.m. (Monday to Friday)
Fax +63 2 86362444
Federated States of Micronesia Pacific Country Office
Ground Floor, One World Plaza
Kapweresou Street, Kolonia Town
Pohnpei, Federated States of Micronesia 96941
The ADB Pacific Department provides the primary operational link for activities between ADB and the government, the private sector, civil society stakeholders, and development partners. The Pacific Department engages in policy dialogue, country partnership strategy development and programming, and portfolio management, while also acting as a knowledge base on development issues in the FSM.
Federated States of Micronesia Pacific Country Office is closed on these dates:
- New Year's Day: 1 January (Monday)
- Kosrae Constitution Day: 11 January (Thursday)
- Good Friday: 29 March (Friday)
- FSM Cultural Day: 1 April (Monday)
- FSM Constitution Day: 10 May (Friday)
- United Nations Day: 25 October (Friday)
- FSM Independence Day: 4 November (Monday)
- Veterans Day: 11 November (Monday)
- FSM Presidents Day: 22 November (Friday)
- Christmas Day: 25 December (Wednesday)
Last updated: 11 January 2024