European Parliament Library

Federated States of Micronesia :, Selected Issues and Statistical Appendix

Abstract
This Selected Issues paper examines the reasons for the poor initial performance of the Compact Trust Fund (CTF) of Micronesia and the issues related to the governance framework. The design and recent implementation of the CTF raise concerns that Micronesia will still face a difficult transition after U.S. aid ends in FY2023. The paper provides forecasts for the fund over the medium term. It also examines the business environment in Micronesia and identifies possible areas for improvement
Table Of Contents
Cover; Selected Issues; Contents; I. Strengthening Micronesia's Compact Trust Fund; A. Introduction; B. Operational Framework of the Trust Fund; Boxes; 1. Trust Funds in the Pacific; C. Initial Practices of the Trust Fund Management; D. Medium-term Outlook for the Trust Fund; E. Improving the Operation and Oversight of the Fund; 2. Lessons from Pacific Island Trust Funds; F. Conclusion; References; II. Improving the Business Environment in Micronesia; A. Overview of the Private Sector; B. Business Environment in the PIC Region; C. Difficult Business Conditions in Micronesia
Language
eng
Literary Form
non fiction
Note
Description based upon print version of record
Physical Description
1 online resource (46 p.)
Specific Material Designation
remote
Form Of Item
online
Isbn
9781452702186

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