ECONOMIC OVERVIEW 2004-2023
As part of the…
The Federated States of Micronesia's Strategic Development Plan (SDP) 2024–2043 is a guiding document for the nation's sustainable development, focusing on nine thematic areas to achieve a high quality of life and self-reliance. It aims to align national and state development goals, prioritize sectors like health, education, and infrastructure, attract investment, and coordinate with development partners. The plan serves as a roadmap, enabling prioritization of national and state planning, budgeting, and development efforts over the next two decades.
Purpose and Scope
- Long-term Guidance:The SDP 2024–2043 is a 20-year plan that guides planning and budgeting for the nation and its four states (Kosrae, Pohnpei, Chuuk, and Yap).
- Alignment:It provides a framework for coordinating and aligning the development goals, outcomes, and outputs of the national government and the four states.
- Investment & Development:The SDP helps prioritize plans, attract investments, and develop critical sectors and industries across the FSM.
Key Thematic Areas
The SDP 2024–2043 identifies nine thematic areas for development:
The SDP 2024–2043 identifies nine thematic areas for development:
- Cultural heritage
- Education and human capital
- Health and well-being
- Gender Equality and Social Inclusion
- Governance and Institutional Strengthening
- Peace and Security
- Sustainable Economic Development
- Environment Sustainability and Climate Change
- Infrastructure Development and Sustainability
Significance
- National Strategy:It represents a national strategy for achieving sustainable economic growth and self-reliance.
- Coordination:It provides a platform for coordinating technical assistance from donor partners to address national and state priorities.
- Living Document:The SDP is a living document that can be reviewed by stakeholders to ensure it remains the FSM's roadmap for development and progress.
Implementation
- National and State Coordination:Both the national and state governments use the SDP to prioritize their planning and budgeting efforts.
- Partnerships:The SDP fosters partnerships between governments, civil society actors, and the private sector for effective implementation.
Data and Resource

Federated States of Micronesia- Strategic Development Plan FINAL

Resolution of the FSM Strategic Development Plan 2024-2043
Approving and Adoption the FSM SDP 2024-2043…
Field | Value |
---|---|
Publisher | Department of Resources & Development, FSM, Department of Environment, Climate Change & Emergency Management (DECEM), FSM |
Modified | |
Release Date | |
Identifier | 1e29a2f8-5cf9-43d3-a007-5724a7c30525 |
Spatial / Geographical Coverage Location | Federated States of Micronesia |
Relevant Countries | Federated States of Micronesia |
License |
SPREP Public Licence
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