Friday, November 15, 2013

US Embassy in the FSM releases info on Compact Sector Grants Awards for FY14

Embassy of the
United States of America Kolonia
Public Affairs Section
P.O. Box 1286
Kolonia, Pohnpei, FM  96941
Telephone: (691) 320-2187
Fax: (691) 320-2186

November 14, 2013

U.S. Awards $53 Million in Compact Sector Grants for Fiscal Year 2014

In October, the FSM received notification from the U.S. Department of Interior, Office of Insular Affairs, that Fiscal Year 2014 Compact Sector Grant Awards totaling $53,081,361 for the FSM States and COM-FSM had been obligated.  The Awards are as follows:

Education                    $24,840,341
Health                         $19,459,713
Capacity Building       $  3,358,437
Environment               $  1,542,747
Private Sector Development                           $  1,937,328
Reporting and Accountability                        $  1,209,715
FSM Single Audit                                           $     500,000
Disaster Assistance Emergency Fund             $     233,080

This amount is in addition to the Supplementary Education Grant Award to be used in FY 2014 which totals $11,121,582, and was obligated in September. 

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