President Panuelo Launches the FSM SCORE Project
PALIKIR, Pohnpei—His Excellency David W. Panuelo—President of theFederated States of Micronesia (FSM)—launched the FSM Strategic Climate-Oriented RoadEnhancements (SCORE) Project. Funded by the World Bank as part of the President’s Pave theNation Program, the SCORE Project will result in twelve (12) miles of secondary roads across theFSM, as well as address the problem of discarded vehicles […]
U.S. Secretary of Commerce announces awarding of American Rescue Plan statewide planning grants
U.S. Secretary of Commerce Gina M. Raimondo today announced that the Department’s Economic Development Administration (EDA) is awarding American Rescue Plan statewide planning grants to five territories to support territory-wide economic development planning efforts. The funding will assist communities in their efforts to build back better by accelerating the economic recovery from the coronavirus pandemic […]
President Panuelo Launches Low-Income Assistance Social Protection Programming
PALIKIR, Pohnpei—His Excellency David W. Panuelo—President of the Federated States of Micronesia (FSM)—launched the Low-Income Assistance Social Protection Program. Developed by President Panuelo and funded by Asian Development Bank (ADB), the Low-Income Assistance program is a key component of the Nation’s larger Social Protection infrastructure. Joining President Panuelo for the opening ceremony was the Honorable […]
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. For FSM, where do not have a COVID-19 case, these individuals need to be directly impacted by the border closure or other emergency measures such as a State imposed […]
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 that incorporates the changes below since the adopted FMR dated February 2019. The changes reflect the following: o Public tender procedures, change orders […]
Notice of Emergency Amendment to the Permanent Regulation on the Tourist Sector Mitigation Fund
Expanding the Coverage of Tourism Sector Mitigation Fund
Notice of Emergency Amendment to the Permanent Regulation of the Tourism Sector Mitigation
Link:2021 February 8- Amended Regulation for Expanded Coverage of Tourism Sector Mitigation Fund
President Panuelo Develops and Expands $14m COVID-19 Social Protection Programming
PALIKIR, Pohnpei—His Excellency David W. Panuelo, President of the Federated States of Micronesia (FSM), and the Honorable Yosiwo P. George, Vice President of the FSM, have implemented new social protection programming designed to safeguard the FSM’s citizens against the detrimental economic impact resulting from the COVID-19 Pandemic. Among these programs include a cash transfer grant […]
ADB’s $14 Million Grant to Support FSM’s COVID-19 Response
The Asian Development Bank (ADB) is further supporting the Federated States of Micronesia’s COVID-19 response through a grant of $14 million. The grant will help fund the FSM Health Expenditure and Livelihoods Support (HEALS) Program, which will support the government’s Health Action Plan through activities such as building quarantine facilities, providing infection prevention training for […]
Customs Intercepts Smuggled Weapons and Ammunition
Recently the FSM Customs and Tax Administration (Customs) intercepted two separate consignments of illegal weaponry, which has now been confiscated and handed over to the FSM National Police for further investigation. In September, two Customs Officers from the Customs Field Office in Yap were carrying out an inspection of containers at the Waab Commercial Dock. […]
Secretary Amor Requests ADF Grants & Restructuring of Debts from Asian Development Bank
PALIKIR, Pohnpei—The Honorable Eugene Amor—Secretary of the Department of Finance & Administration—delivered a statement at the Asian Development Bank’s annual Pacific Governors’ meeting. Representing ADB’s Pacific Governors from the Federated States of Micronesia, Cook Islands, Kiribati, Marshall Islands, Nauru, Niue, Papua New Guinea, Palau, Samoa, Solomon Islands, Timor-Leste, Tonga, Tuvalu, and Vanuatu, Secretary Amor’s statement […]
Trust Fund for the People of the FSM Conducts Fourth Quarter Meeting
WASHINGTON, D.C. – The Trust Fund Committee of the Trust Fund for the People of the Federated States of Micronesia (the Fund) conducted its fiscal year 2020 (FY20) fourth quarter meeting on September 2nd (EDT) and 3rd (Pohnpei) via videoconference. The meeting covered the Fund’s investment performance for the April-June 2020 quarter as well as […]