Economic aid - recipient:
$86.3 million under terms of the Compact of Free Association, the
US pledged $1.3 billion in grant aid during the period 1986-2001;
the level of aid has been subsequently reduced (2004)

Currency (code):
US dollar (USD)

Currency code:
USD

Exchange rates:
the US dollar is used

Fiscal year:
1 October - 30 September

Communications Micronesia, Federated States of

Telephones - main lines in use:
12,400 (2005)

Telephones - mobile cellular:
14,100 (2005)

Telephone system:
general assessment: adequate system
domestic: islands interconnected by shortwave radiotelephone (used
mostly for government purposes), satellite (Intelsat) ground
stations, and some coaxial and fiber-optic cable; cellular service
available on Kosrae, Pohnpei, and Yap
international: country code - 691; satellite earth stations - 5
Intelsat (Pacific Ocean) (2002)

Radio broadcast stations:
AM 5, FM 1, shortwave 0 (2004)