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Annual Report 2003 :
Moving the Poverty Reduction Agenda Forward: Priorities and Outcomes :
South Asia
Maldives
Strategy and Policy Dialogue.
The strategy continued to support poverty reduction by combining
propoor economic growth, social development, and good governance
initiatives. To foster pro-poor growth, ADB promoted regional development
by providing basic infrastructure and capacity building; by creating
an enabling environment for private sector development, including
reform of the financial sector and the legal system; and by developing
an information and communications network in the atolls. To raise
the level of social development, assistance was provided for improving
postsecondary education and for training and developing employment
skills. To support good governance, access to information and public
sector connectivity were improved and the capacity of key public
institutions to increase public sector management efficiency was
enhanced. ADB also assisted the Government in promoting private
sector activities and preparing for possible exigencies posed by
the eventual graduation from least-developed country status.

Loans and Technical Assistance.
One loan totaling $6 million for training in employment skills was
approved. Three technical assistance projects totaling about $1.1
million were approved.