12 Things to Know in 2012: Health in the Pacific

Good health is a prerequisite to development - healthy people help communities grow and economies prosper. Here are 12 facts about the state of health in Pacific Island countries and why they are major concerns for ADB. Read More

Global Financial Instability Shows Need for Fiscal Discipline in the Pacific - ADB

The eurozone crisis is expected to have only limited impact on the Pacific because the region’s growth prospects are more closely tied to the economies of Australia and New Zealand. Read More

ADB Warns of Hunger Risk From Climate Change

Climate change threatens to increase hunger and malnutrition among the Pacific region's poorest people unless there is action soon, says a new ADB report. Read More

Resource-Rich Pacific Economies Thrive While Others Lag - ADB Report

The Pacific’s resource-rich economies of Papua New Guinea and Timor-Leste will continue to expand strongly this year as commodity prices remain firm but growth in the rest of the region is set to remain subdued, says the new issue of ADB’s Pacific Economic Monitor. Read More

Overview

The Federated States of Micronesia (FSM) has received eight loans for $75.14 million and $24.43 million for 42 technical assistance activities, since joining ADB in 1990.

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Fast Facts

31.2% (2000)
of the urban population lived on less than $1.25 a day

29.9% (2005)
of the population lived below the national poverty line

94.0% (2005)
of the population used an improved drinking water source