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Impact of the COVID-19 Pandemic on the Federated States of Micronesia: Economic Outcomes and Policy Review
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Jun 21, 2024
Monique
Impact of the COVID-19 Pandemic on the Federated States of Micronesia: Economic Outcomes and Policy Review
This EconMAP Economic Issue Paper explores the impact of COVID-19 on the economy of the Federated States of Micronesia, and the FSM's policy response to the pandemic. At the outset, the FSM took strong proactive measures to protect the health of the nation, and to-date has successfully avoided any cases of COVID-19. The paper begins with a brief overview of the economic performance and fiscal structure and of the FSM; details donor assistance and mitigation efforts in response to COVID-19; projects the short-term economic impact of the pandemic and likely fiscal recovery; and reviews economic and fiscal policies intended to support economic recovery and growth.
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Federated States of Micronesia
Impact of the COVID-19 Pandemic on the Federated States of Micronesia: Economic Outcomes and Policy Review
Posted Sep 13, 2021
This EconMAP Economic Issue Paper explores the impact of COVID-19 on the economy of the Federated States of Micronesia, and the FSM's policy response to the pandemic. At the outset, the FSM took strong proactive measures to protect the health of the nation, and to-date has successfully avoided any cases of COVID-19. The paper begins with a brief overview of the economic performance and fiscal structure and of the FSM; details donor assistance and mitigation efforts in response to COVID-19; projects the short-term economic impact of the pandemic and likely fiscal recovery; and reviews economic and fiscal policies intended to support economic recovery and growth.
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