Media Releases
U.S. Compact Grants to FSM in January 2008
February 4, 2008
For the fourth month of the new fiscal year, the FSM Department of Finance received Compact-funded grants from the United States Government totaling $5,711,651. These payments were for Compact sector grants for Education, Health, Public Sector, Environment, and Private Sector Development plus Supplemental Education Grants for January of Fiscal Year 2008. The breakdown of these grants follows:
Sector Grants for FSM National Government | |
| Education Sector (FSM Department of Education) | $98,555 |
| Education Sector (College of Micronesia-FSM) | $950,000 |
| Health Sector (FSM H&SA, Division of Health) | $137,329 |
| Public Sector (Capacity Building) | $100,000 |
| Total Payment for FSM National Government: | $1,285,884 |
Sector Grants for Chuuk State | |
| Education Sector | $809,190 |
| Health Sector | $549,527 |
| Public Sector (Capacity Building) | $204,216 |
| Environment Sector | $44,526 |
| Private Sector Development | $42,244 |
| Supplemental Education Grant | $86,637 |
| Total Payment for Chuuk: | $1,736,340 |
Sector Grants for Kosrae State | |
| Education Sector | $190,238 |
| Health Sector | $167,720 |
| Public Sector (Capacity Building) | $57,000 |
| Private Sector Development | $15,594 |
| Supplemental Education Grant | $35,428 |
| Total Payment for Kosrae: | $482,272 |
Sector Grants for Pohnpei State | |
| Education Sector | $630,422 |
| Health Sector | $443,954 |
| Public Sector (Capacity Building) | $59,157 |
| Environment Sector | $40,131 |
| Private Sector Development | $11,896 |
| Total Payment for Pohnpei: | $1,185,560 |
Sector Grants for Yap State | |
| Education Sector | $524,813 |
| Health Sector | $174,000 |
| Public Sector (Capacity Building) | $8,871 |
| Environment Sector | $13,114 |
| Private Sector Development | $10,554 |
| Supplemental Education Grant | $290,243 |
| Total Payment for Yap: | $1,021,595 |
TOTAL SECTOR GRANT PAYMENTS FOR FSM (Jan. FY 2008): $5,711,651
These payments are made on a monthly basis, based upon requests submitted by the FSM Government on behalf of the national government, the four state governments and the College of Micronesia-FSM.