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Compacts of Free Association: Micronesia's and the Marshall Islands' Use of Sector Grants

GAO-07-514R Published: May 25, 2007. Publicly Released: May 25, 2007.
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Highlights

Supplementing our December 2006 report entitled Compacts of Free Association: Micronesia and the Marshall Islands Face Challenges in Planning for Sustainability, Measuring Progress, and Ensuring Accountability, this report provides information on the uses of economic assistance provided under the amended U.S. compacts with the Federated States of Micronesia (FSM) and the Republic of the Marshall Islands (RMI) from 2004 through 2006.

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AccountabilityFederal aid to foreign countriesFinancial managementForeign aid programsForeign economic assistanceForeign financial assistanceFund auditsGrant administrationGrant monitoringGrantsInternal controlsInternational agreementsProgram evaluationReporting requirementsStrategic planningExecutive agency oversight