Welcome to the official website of SBOC!

Welcome to the official website of the Office of Statistics, Budget and Economic Management, Overseas Development Assistance and Compact Management (SBOC).

SBOC is entrusted with the following main functions:

  • Assisting the President in the formulation of macroeconomic and fiscal policies that aim to promote economic and financial prosperity and security for FSM;
  • Overseeing the preparation and administration of the National Government budget and nation-wide Strategic Development Plan;
  • Overseeing the effective implementation of the Amended Compact of Free Association with the United States.
  • Gathering, analysis, and reporting on socio-economic statistics and other information;
  • Serving as focal point for overseas development assistance to FSM;

SBOC’s Vision is:

"Sustainable economic growth and macro-economic stability, sound financial management and accountability achieved and sustained."

The Mission of SBOC is stated as:

"To foster the environmental, social and economic well-being of people of the Federated States of Micronesia in a sustainable fashion."


Evelyn Adolph
Director
SBOC

 
  2023 Action Plan Documents



  Document Title

     Draft 2023 Action Plan Nov 18, 2014
     2023 Investment Development Fund
     2023 Action Plan Congressional Hearing
     2023 Action Plan COM-FSM Presentation



 
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