Finance

WENO, Chuuk, June 25, 2024 (FSMIS) — Key finance personnel from throughout the nation are gathering in Chuuk this week for the 2024 FSM Finance Conference, co-chaired by the FSM Dept. of Finance and Administration and the host state Chuuk State Dept. of Finance. Convening under the theme of “Strong Public Finance Driving Inclusive Sustainable […]

PALIKIR, Pohnpei—On March 24th, 2023, the Government of the Federated States of Micronesia (FSM) filed criminal charges against an employee of the FSM Department of Finance & Administration, Sylvia Edward, due to alleged criminal conduct in violation of: conflict of interest in violation of Title 11, Section 512; theft in violation Title 11, Sector 602;

PALIKIR, March 28th 2023 (FSMIS)—On March 27th, 2023, His Excellency David W. Panuelo—President of the Federated States of Micronesia (FSM)—and the Honorable Aren B. Palik, Vice President of the FSM, received information from the Office of Compact Management and the Department of Transportation, Communications, & Infrastructure regarding the FSM receiving three Infrastructure Sector grant awards

PALIKIR, March 21st 2023 (FSMIS)—On March 20th, 2023, His Excellency David W. Panuelo—President of the Federated States of Micronesia (FSM)—attended the groundbreaking ceremony for the FSM Sustainable Energy Development & Access Project’s (SEDAP’s) three new generators at the Nahnpohnmal Power Plant in Pohnpei State. Funded by the World Bank, SEDAP is one of the central