Pacific Finance Sector Brief: Federated States of Micronesia

Please use this identifier to cite or link to this item: https://elibrary.tucl.edu.np/handle/123456789/5553

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DC Field	Value	Language
dc.contributor.author	ADB	-
dc.date.accessioned	2021-10-05T15:04:34Z	-
dc.date.available	2021-10-05T15:04:34Z	-
dc.date.issued	2019-10	-
dc.identifier.isbn	N/A	-
dc.identifier.isbn	N/A	-
dc.identifier.issn	N/A	-
dc.identifier.issn	N/A	-
dc.identifier.uri	https://www.adb.org/publications/pacific-finance-sector-fsm	-
dc.identifier.uri	https://elibrary.tucl.edu.np/handle/123456789/5553	-
dc.description	This brief provides an overview of the Federated States of Micronesia’s finance sector and discusses the key challenges. The country’s finance sector comprises the Bank of the Federated States of Micronesia and foreign-owned Bank of Guam. The Banking Board regulates the banking system. There are also small credit unions, which are not currently subject to government oversight. The Federated States of Micronesia is moderately monetized and the public sector dominates the economy. Private enterprises have weak participation in the economy as they face difficult business conditions, including the slow progress with land reforms. As a result, there is a scarcity of bankable projects and limited private sector growth.	-
dc.format.extent	3	-
dc.subject.other	Economic data	-
dc.subject.other	Finance sector development	-
dc.subject.other	Financial sector	-
dc.title	Pacific Finance Sector Brief: Federated States of Micronesia	-
local.publication.country	Micronesia	-
Appears in Collections:	ADB Collections

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