FSM to receive $16.26 million in grants for submarine cable

           WASHINGTON, D.C. — The World Bank’s board of executive directors approved $36 million in grants on May 31 for fiber optic broadband internet projects in Kiribati and the Federated States of Micronesia.

           The grants, including $20 million for Kiribati and $16.26 million for the FSM, will finance the installation of a submarine cable system connecting Tarawa, Kiribati to Nauru and Kosrae to Pohnpei. 

           The projects are part . . .

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