Department of Finance
and Administration
and Administration
The Investment & International Finance Division manages FSM’s public investments, trust funds, and international financial relations. It ensures that external financing, including loans and grants, are aligned with national priorities and that resources are used effectively to support long-term economic stability. The division also coordinates FSM’s participation in international forums such as the IMF, World Bank, and Asian Development Bank, safeguarding the country’s financial interests
A significant milestone for the Division of International Finance has been the creation of the Central Implementation Unit (CIU). The CIU serves as the Government’s hub for the coordination and delivery of all World Bank–financed projects in the FSM. It provides specialized support in financial management, procurement, safeguards, monitoring and evaluation, and communications, ensuring projects are implemented efficiently, transparently, and in line with World Bank requirements.
By centralizing expertise, the CIU strengthens project preparation, execution, and reporting, giving the World Bank and other development partners confidence in FSM’s systems. This structure not only improves compliance and accountability but also builds the long-term capacity of national agencies to manage complex, multi-sector investments.
Beyond the World Bank portfolio, the Division of International Finance also manages funding relationships with other major development partners, including the Asian Development Bank (ADB), the Green Climate Fund through the NDA, the United Nations, JICA, and the International Monetary Fund (IMF). This coordinated approach ensures that resources from multiple partners are effectively integrated into FSM’s development priorities, reducing duplication, enhancing accountability, and supporting the nation’s broader economic and social goals.
In addition, the Division plays a critical role in overseeing FSM’s trust funds and external investments, conducting regular due diligence with fund managers to safeguard the nation’s financial assets. It also ensures the timely and accurate reporting of Compact Sector and U.S. Federal Grants, reinforcing accountability in the use of external resources.
Each year, the Division represents FSM in key international financial forums — including the ADB Annual Meeting, IMF and World Bank Spring and Annual Meetings, and regional finance conferences. These engagements strengthen FSM’s voice in global economic policy discussions and ensure that the nation’s development needs remain visible to the international community.
Manages FSM’s financial relationships with international institutions, including the IMF, World Bank, ADB, and other partners, ensuring that financing supports national priorities.
Oversees the performance of government trust funds and external fund managers, conducting regular reviews to safeguard the nation’s financial assets.
Prepares timely and accurate financial reports, including the monitoring and reporting of Compact Sector and U.S. Federal Grants, to strengthen accountability.
Provides financial management oversight for international projects and donor-supported initiatives, ensuring that resources are used effectively and transparently.
Works closely with fund owners and stakeholders to coordinate lodgments, withdrawals, and reconciliations, ensuring accuracy and compliance with financial regulations.
For inquiries, the public can contact the Division at: