Your IMF Update: Country Report No. 17/280 - Federated States of Micronesia, United States

By Newsroom America Feeds at 15 Sep 2017

International Monetary Fund International Monetary Fund: New item in your series of interest. Country Report No. 17/280 : Federated States of Micronesia : 2017 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for the Federated States of Micronesia

Author/Editor: International Monetary Fund. Asia and Pacific Dept

Summary: Federated States of Micronesia (FSM) is a small and sparsely-populated state vulnerable to climate change. Over the medium term, the country needs to prepare for the expiration of U.S. Compact grants from FY2024 onward, adapt to climate change, facilitate sustainable private-sector growth, and promote safe financial inclusion. A new national government was formed in mid-2015.

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