ADB grants technical assistance of USD 2 million to Maldives

Japanese Ambassador to Maldives Keiko Yanai (R) and Minister of Finance Ibrahim Ameer | Photo: Finance Ministry

Malé, Maldives – The Minister of Finance Ibrahim Ameer today signed a grant agreement with the Asian Development Bank (ADB) for USD 2,050,000.

The USD 2,050,000 was granted by ADB under the provision of technical assistance through the Japan Fund for Poverty Reduction.

Finance Ministry states that the technical assistance will improve management of communicable disease outbreaks & pandemic response.

The agreement was signed by Finance Minister Ibrahim Ameer on behalf of the Maldives government and the Ambassador of Japan to the Maldives, Keiko Yanai.

ADB has previously pledged USD 73 million in aid to the Maldives in August 2020 for renewable energy projects and an additional USD 25 million in grant aid towards the fight against the pandemic in June 2020.