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FY08 Compact Grants to FSM



For the third month of the current fiscal year, the FSM Department of Finance received Compact-funded payments from the United States Government totaling $4,242,414.  These payments were for Compact sector grants for Education, Health, Public Sector, Environment, and Private Sector Development for December of Fiscal Year 2008. The breakdown of these grants follows:

 Sector Grants for Chuuk State
Education Sector
$ 1,190,222
 Health Sector $ 640,419
Public Sector (Capacity Building) $ 113,735
Environment Sector $ 64,319
Private Sector Development $ 93,097
Supplemental Educational Grant $ 322,790
Total Payment for Chuuk: $ 2,424,582

 
Sector Grants for Kosrae State
Eduction Sector
$ 190,238 
Health Sector
$ 167,720 
Public Sector (Capacity Building) $ 57,000 
 Reduction-in-Force (PCSB) $ 150,000 
Environment Sector $ 16,292
Private Sector Development $ 15,594
Supplemental Educational Grant $ 35,428
Total Payment for Kosrae: $ 632,272


 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

TOTAL SECTOR GRANT PAYMENTS FOR FSM (December FY 2008):     $ 4,242,414

The above information is provided as a public service by the Embassy of the United States of America Kolonia, Media Release No. 01-2008.