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News _ U.S.Department Of The Interior

Office of the Secretary
FOR IMMEDIATE RELEASE 
January 4, 2008

Contact: Tanya Joshua (OIA)
(202) 208-6008

U.S. COMPACT GRANTS TO FSM IN DECEMBER 2007

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
Education 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.

 

U.S. Department of the Interior • Office of Insular Affairs
1849 C Street, N.W. • Washington, DC 20240
Phone: (202) 208-6816 • FAX: (202) 219-1989
http://www.doi.gov/oia/
Last Updated on 03/03/08