Economic aid to Maldives

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, transport, fisheries, and harbor development.

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

Debt growth

Debt - external: estimated in US dollars: 1998 - $188 million: 2000 - $237 million: 2004 - $316 million


Wikimedia Foundation. 2010.

Игры ⚽ Нужен реферат?

Look at other dictionaries:

  • Maldives — Maldivian, /mawl div ee euhn, mal /, adj., n. /mawl deevz, mal duyvz/ a republic in the Indian Ocean, SW of India, consisting of about 2000 islands: British protectorate 1887 1965. 280,391; 115 sq. mi. (298 sq. km). Cap.: Male. Also called… …   Universalium

  • Maldives — Republic of Maldives ދިވެހިރާއްޖޭގެ ޖުމްހޫރިއްޔާ (Dhivehi Raa jeyge Jumhooriyya) …   Wikipedia

  • Economy of the Maldives — In ancient times the Maldives were renowned for cowries, coir rope, dried tuna fish (Maldive Fish), ambergris (Maavaharu) and Coco de mer (Tavakkaashi). Local and foreign trading ships used to load these products in the Maldives and bring them… …   Wikipedia

  • List of Maldives-related topics — This is a list of topics related to Maldives. Those interested in the subject can monitor changes to the pages by clicking on Related changes in the sidebar.Buildings and structures in the Maldives* Islamic Centre (Maldives) * Ithaa * National… …   Wikipedia

  • Maldives–United States relations — Maldives – United States relations Maldives …   Wikipedia

  • Maldives–Pakistan relations — Pakistan Maldives relations Pakistan …   Wikipedia

  • Debate over China's economic responsibilities for climate change mitigation — Main article: Climate change in China This article documents the debate over China s economic responsibilities for climate change mitigation and mitigation of climate change in China. Both internationally and within the People s Republic of China …   Wikipedia

  • International Organizations and Groups — Note: The Socialist Federal Republic of Yugoslavia (SFRY) has dissolved and ceases to exist. None of the successor states of the former Yugoslavia, including Serbia and Montenegro, have been permitted to participate solely on the basis of the… …   Universalium

  • Foreign relations of Israel — Israel This article is part of the series: Politics and government of Israel Basic Laws Jerusalem Law …   Wikipedia

  • India — /in dee euh/, n. 1. Hindi, Bharat. a republic in S Asia: a union comprising 25 states and 7 union territories; formerly a British colony; gained independence Aug. 15, 1947; became a republic within the Commonwealth of Nations Jan. 26, 1950.… …   Universalium

Share the article and excerpts

Direct link
… Do a right-click on the link above
and select “Copy Link”