In 1979 the Federated States of Micronesia, a UN Trust Territory under US administration, adopted a constitution. In 1986, independence was attained under a Compact of Free Association with the US, which was amended and renewed in 2004. Present concerns include large-scale unemployment, overfishing, and overdependence on US aid.
constitutional government in free association with the US; the Compact of Free Association entered into force on 3 November 1986 and the Amended Compact entered into force in May 2004
chief of state: President Emanuel MORI (since 11 May 2007); Vice President Alik L. ALIK (since 11 May 2007); note - the president is both the chief of state and head of government
head of government:
President Emanuel MORI (since 11 May 2007); Vice President Alik L. ALIK (since 11 May 2007)
cabinet:
Cabinet includes the vice president and the heads of the eight executive departments
elections:
president and vice president elected by Congress from among the four senators at large for a four-year term (eligible for a second term); election last held on 11 May 2011 (next to be held in May 2015); note - a proposed constitutional amendment to establish popular elections for president and vice president failed
election results:
Emanuel MORI reelected president by Congress unopposed; Alik L. ALIK reelected vice president
unicameral Congress (14 seats; 4 - one elected from each state to serve four-year terms and 10 - elected from single-member districts delineated by population to serve two-year terms; members elected by popular vote)
elections:
last held on 5 March 2013 (next to be held in March 2015)
light blue with four white five-pointed stars centered; the stars are arranged in a diamond pattern; blue symbolizes the Pacific Ocean, the stars represent the four island groups of Chuuk, Kosrae, Pohnpei, and Yap
note:adopted 1991; the anthem is also known as "Across All Micronesia;" the music is based on the 1820 German patriotic song "Ich hab mich ergeben," which was the West German national anthem from 1949-1950; variants of this tune are used in Johannes Brahms' "Festival Overture" and Gustav Mahler's "Third Symphony"
Economic activity consists of subsistence farming and fishing and government which is funded largely by Compact of Free Association (Compact) assistance provided by the US. The islands have few known mineral deposits worth commercial exploration. The potential for tourism is also limited by isolation, lack of adequate facilities, and limited air and water connections hinder development. Under the terms of the original Compact, the US provided $1.3 billion in grants and aid in 1986-2001. The US and the Federated States of Micronesia (FSM) negotiated a second (amended) Compact agreement in 2002-2003 that took effect in 2004. The amended Compact runs for a 20-year period to 2024; during which the US will provide roughly $2.1 billion to the FSM. The amended Compact also includes a Trust Fund for the people of the FSM which is to provide an income stream beyond 2024 when Compact grants are to end. The country's medium-term economic outlook appears fragile because of reduced US assistance and lackluster performance of its small and stagnant private sector.
domestic:
islands interconnected by shortwave radiotelephone (used mostly for government purposes), satellite (Intelsat) ground stations, and some coaxial and fiber-optic cable; mobile-cellular service available on Kosrae, Pohnpei, and Yap
no TV broadcast stations; each state has a multi-channel cable service with TV transmissions carrying roughly 95% imported programming and 5% local programming; about a half dozen radio stations (2009)
)