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Encyclopedia > Economic Aid to Maldives

Before the 1980s, the Maldives received limited assistance from UN specialized agencies. Much of the external help came from Arab countries such as Saudi Arabia, Kuwait, and the UAE, for use on an ad hoc basis rather than as part of comprehensive development plan. However, with the developmental commitment of President Maumoon Abdul Gayyoom, who assumed office in 1978, Maldives received an annual average of US$15.5 million in external assistance in the form of grants and loans.


In 1992, Maldives received approximately US$11.6 million in foreign aid from international agencies such as the World Bank, Asian Development Bank and individual countries, particularly Japan. Other than humanitarian aid, loans and grants went for such purposes as education, health, transportation, fisheries, and harbor development.


The United Nations Development Programme is providing support to the Maldives for environmental projects.


  Results from FactBites:
 
Friends of Maldives (841 words)
Maldives Aid hopes that this small contribution to the libraries of the schools will enable the children victims of the Tsunami to continue with their studies.
According to Maldives Aid volunteer Denise Hallet: “It is unfortunate that the government have not stood by their agreement to work alongside Maldives Aid to ensure that the Aid is distributed according to the wishes of Maldives Aid.
The objective of Maldives Aid is to relieve persons in the Maldives who are in conditions of need, hardship or distress as a result of natural disaster or who by reason of their social and economic conditions are in need of assistance.
Economic Aid to Maldives - Wikipedia, the free encyclopedia (171 words)
However, with the developmental commitment of President Maumoon Abdul Gayyoom, who assumed office in 1978, Maldives received an annual average of US$15.5 million in external assistance in the form of grants and loans.
In 1992, Maldives received approximately US$11.6 million in foreign aid from international agencies such as the World Bank, Asian Development Bank and individual countries, particularly Japan.
Other than humanitarian aid, loans and grants went for such purposes as education, health, transport, fisheries, and harbor development.
  More results at FactBites »


 

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