United States Government Publishing Office publisher pbl distributor dst United States Government Accountability Office author aut Government Organization text government publication eng GAOREPORTS Legislative Agency Publications gao legislative 2010-08-12 U.S. Government Printing Office 2005-07-11 monographic deposited born digital 76 p. GA 1.13:GAO-05-633 https://www.govinfo.gov/app/details/GAOREPORTS-GAO-05-633 P0b002ee18037d3eb f:d05633 DGPO 2010-08-12 2011-03-24 GAOREPORTS-GAO-05-633 machine generated eng fdlp REPORT GAOREPORTS-GAO-05-633 GAO-05-633 Accountability Allocation (Government accounting) Budget obligations Federal funds Federal grants Foreign economic assistance Foreign governments Funds management Grant administration Grant monitoring International agreements International cooperation Trust funds Foreign financial assistance Strategic planning Foreign countries Compact of Free Association Federated States of Micronesia Kwajalein Atoll (Marshall Islands) Republic of the Marshall Islands Other Written Product A29518 From 1987 to 2003, the United States provided economic aid to the Federated States of Micronesia (FSM) and the Republic of the Marshall Islands (RMI) through a Compact of Free Association. A previous GAO report found little accountability for the assistance provided by the U.S. Department of the Interior under this compact. In 2004, amended compacts with the FSM and RMI went into effect and will provide $3.5 billion in assistance over 20 years, consisting of grants and contributions to trust funds that are to replace the grants after 2023. The amended compacts include funding and accountability requirements that were not present in the original compact. To better understand the status of the compacts' implementation, GAO evaluated actions taken by the U.S., FSM, and RMI governments since fiscal year 2004 to (1) meet funding requirements and plan for the use of this funding, (2) meet accountability requirements, and (3) establish operations to implement the new agreements. https://www.govinfo.gov/content/pkg/GAOREPORTS-GAO-05-633/html/GAOREPORTS-GAO-05-633.htm https://www.govinfo.gov/content/pkg/GAOREPORTS-GAO-05-633/pdf/GAOREPORTS-GAO-05-633.pdf GAO-05-633 https://www.govinfo.gov/app/details/GAOREPORTS-GAO-05-633 Other Written Product GAO-05-633; Compacts of Free Association: Implementation of New Funding and Accountability Requirements Is Well Under Way, but Planning Challenges Remain; Accountability Allocation (Government accounting) Budget obligations Federal funds Federal grants Foreign economic assistance Foreign governments Funds management Grant administration Grant monitoring International agreements International cooperation Trust funds Foreign financial assistance Strategic planning Foreign countries Compact of Free Association Federated States of Micronesia Kwajalein Atoll (Marshall Islands) Republic of the Marshall Islands Public Law 99-239 Public Law 108-188