00000cmm a22000003a 4500 UP-99796217613727753 Buklod 20210530142133.0 aa r ||| u cr ||||||||||| 210530s2019 xx d u (iLib)UPD-00524271868 DECON rda eng Pacific finance sector brief [Electronic resource] federated states of Micronesia. Metro Manila, Philippines Asian Development Bank 2019. 1 online resource text rdacontent computer rdamedia online resource rdacarrier Pacific finance sector briefs. The country 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. Finance Federated states of Micronesia. Industrial policy. Electronic books. Open Access Electronic Books from ADB. Click here to access https://www.adb.org/publications/pacific-finance-sector-fsm FI UPD DECON Electronic Resource