The World Bank – The Times of Addu

World Bank to donate USD 9 million towards secondary education in Maldives

October 1, 2022, 17:17

Malé, Maldives - The Executive Board of World Bank passed a project worth USD 9 million to fund the development of secondary education in the Maldives. The entirety of the… Continued

Maldives not at immediate risk of crisis, but govt. spending beyond means: World Bank

September 11, 2022, 10:40

Malé, Maldives - A recently released report by the World Bank has revealed that although Maldives is not at immediate risk of a crisis, the country needs to raise revenues… Continued

World Bank revises GDP growth forecast for Maldives

June 8, 2022, 17:57

Malé, Maldives - In the most recent "Global Economic Prospects" published by World Bank, Maldives' GDP growth forecast for the year 2022 has been decreased. As per table 2.5.2 of… Continued

World Bank grants USD 24 million to Maldives as employment support

May 28, 2022, 15:07

Unites States - The World Bank’s Board of Executive Directors today approved a $24 million grant to improve social protection coverage and employability of Maldivian workers under the Sustainable and… Continued

Maldives’ economy to fully recover to pre-pandemic levels by 2023: The World Bank

April 14, 2022, 20:53

Malé, Maldives - Maldives’ economy, buoyed by a strong rebound in tourism, is projected to grow at 7.6 percent in 2022 and fully recover to pre-pandemic levels by 2023, but… Continued

Govt. to procure speedboats for Covid-19 sample transfers

January 26, 2022, 19:12

Malé, Maldives - Finance Ministry today announced for a supplier to provide 13 speedboats for the Covid-19 Emergency Response and Health System Preparedness Project. The speedboats are to be used… Continued

Maldives must address regulatory gaps to leverage digital dividend: World Bank

October 7, 2021, 18:40

Malé, Maldives - The World Bank today released a statement stating that the Covid-19 pandemic has accelerated the digital transformation Maldives and the government needs to address policy, legal, and… Continued

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