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According to the Stakeholder Engagement Plan by the World Bank and the FSM, The Government of Federated States of Micronesia (GoFSM) has applied for financing from the World Bank (WB) for the FSM Skills and Employability Enhancement Project (SEEP) to improve the quality of and equitable access to secondary vocational education and skills trainings, and to improve access to and effectiveness of employment support programs.
Part of the SEEP includes the assessment of environmental and social risks including:
• Preliminary Environmental and Social Management Plan (ESMP) for Federal States of Micronesia Skills Academy (FSA).
• Labor Management Procedures (LMP).
• Stakeholder Engagement Plan (SEP) – this document.
• Environmental and Social Commitment Plan (ESCP).
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Although the plan was finalized by the World Bank and the FSM Attorney General's office, the resolution to accept this grant is still pending. The reason behind the hold are some terms of the grant that the FSM's 22nd congress felt is a violation of the constitution along with some terms unfavorable to the FSM such as the cost to operate the program.