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.