Federated States of Micronesia
In the Federated States of Micronesia, PSDI is supporting reforms to create an enabling environment for business, particularly through increased access to finance.
PSDI is working with the Government of the Federated States of Micronesia to:
- Provide ongoing support to the secured transactions regime, focused on increasing lenders’ uptake of the framework, and upgrading the secured transactions registry;
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Strengthen the commercial operations of the government-owned FSM Development Bank;
- Promote women's economic empowerment in the tourism sector; and
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Analyse outsourcing options for state-owned enterprises.
For detailed information on PSDI activities in the Federated States of Micronesia, download the 2025 PSDI Country Overview here
Federated States of Micronesia at a glance
Capital projections model developed
for the FSM Development Bank, as well as a 10-year strategic plan and an accompanying business plan
Finance for agricultural businesses
PSDI assisted FSMDB with the design and piloting of an agri value chain financing facility, which will help farmers and agricultural businesses access the finance needed to operate and expand their businesses
7,500 securities registered
As of June 2024, more than 7,500 security interests over movable assets to be used as collateral for loans have been registered in the Federated States of Micronesia using the PSDI-supported registry.
Women’s Business Leadership
Comprehensive country-level data and analysis published in two PSDI flagship Leadership Matters reports.
Key Publications
PSDI Annual Report FY2024
This annual report outlines how the Pacific Private Sector Development Initiative supported the enabling environment for business and helped foster inclusive private sector-led economic growth in the Pacific during FY2024 (1 July 2023 - 30 June 2024).
PSDI Country Overviews 2024-2025
These fact sheets provide an overview of PSDI activities in each country to 2025.
PSDI Annual Report FY2023
This report gives an overview of PSDI activities from 1 July 2022 to 30 June 2023.
Leadership Matters 2024: Benchmarking Women in Business Lead...
This is the second edition of the Leadership Matters series, which collects and analyzes data on women’s representation on boards and in senior management in 14 Pacific countries.
Unlocking Potential: A Gender Inclusive Private Sector Frame...
The Gender Inclusive Private Sector Framework serves as a practical checklist for Pacific governments and institutions to measure progress and identify areas where further improvements are needed.
Innovative Financing Mechanisms in the Pacific
This paper examines the potential benefits and issues to consider around implementing Innovative Financing Mechanisms in the Pacific, which can lower barriers and provide more options for businesses seeking finance.