Articles

March 20, 2024
FSM Customs & Tax ASYCUDA Training

Pohnpei Gets a Trade Boost with New Customs Management System

Exciting news for Pohnpei’s trading community! In a significant leap toward modernizing customs management and enhancing trade facilitation, the Department of Finance and Administration, through the […]
November 29, 2022

NEW CUSTOMS IT SYSTEM FOR THE FEDERATED STATES OF MICRONESIA TO BOOST INTERNATIONAL TRADE, ACCELERATE CLEARANCE OF IMPORTS & EXPORTS

(25 NOVEMBER 2022, POHNPEI) – The Federated States of Micronesia (FSM) is to modernize its customs procedures through the upcoming launch of ASYCUDAWorld – a cutting-edge […]
August 26, 2022

President Panuelo Launches the FSM Strategic Climate-Oriented Road Enhancements (SCORE) Project; World Bank Funds Road Projects in Every FSM State, Also Addresses Discarded Vehicles & Materials Testing

PALIKIR, Pohnpei—On August 25th, 2022, His Excellency David W. Panuelo—President of the Federated States of Micronesia (FSM)—launched the FSM Strategic Climate-Oriented Road Enhancements (SCORE) Project. Funded […]
February 18, 2022

New GAO report on Implications of Planned Ending of Some U.S. Economic Assistance to the Compacts of Free Association

COMPACTS OF FREE ASSOCIATION Implications of Planned Ending of Some U.S. Economic Assistance What GAO Found The U.S. contributes to trust funds provided pursuant to Compacts […]
January 25, 2022

U.S. SECRETARY OF COMMERCE GINA RAIMONDO ANNOUNCES $5 MILLION IN ECONOMIC DEVELOPMENT ADMINISTRATION AMERICAN RESCUE PLAN FUNDING TO SUPPORT TERRITORY-WIDE ECONOMIC DEVELOPMENT PLANNING

Contact: EDA Public Affairs Department, (202) 482-4085 December 21, 2021 WASHINGTON – U.S. Secretary of Commerce Gina M. Raimondo today announced that the Department’s Economic Development […]
June 9, 2021

President Panuelo Launches Low-Income Assistance Social Protection Programming; $7,000,000 to be Distributed to Eligible Households

PALIKIR, Pohnpei—On June 8th, 2021, His Excellency David W. Panuelo—President of the Federated States of Micronesia (FSM)—launched the Low-Income Assistance Social Protection Program. Developed by President […]
June 4, 2021

DOFA’s PUA Office Integrity Unit Training on Fraud Awareness and Ethics

PALIKIR, Pohnpei—The Pandemic Unemployment Assistance (PUA) program is for individuals whose employment or self-employment was interrupted as a direct result of the COVID-19 public health emergency. […]
May 28, 2021

AMENDMENT TO FINANCIAL MANAGEMENT REGULATIONS MAY 2021

Further to the Financial Management Regulations (FMR) that were promulgated and adopted in February 2019, DOFA wish to adopt amendments. Please find attached the amended FMR […]
April 7, 2021

The Pandemic Unemployment Assistance Program Extended to September 2021

Pohnpei, FSM – On March 15, 2021, the Office of the Pandemic Unemployment Assistance (PUA) under the Department of Finance & Administration, received the official notice […]