Asian Development Bank - Fighting Poverty in Asia and the Pacific
What's New  |   e-Notification  |   Sitemap  |   Contact Us  |   Help

South Asia

Home : Publications : Catalog : Online Publications : Annual Report 2006 : South Asia : Maldives

Maldives
Country Highlights

ADB is promoting energy, education, regional development, and private sector development.

In October 2005, the Government requested ADB to defer all project-related assistance for 2006 and instead consider providing a quick-disbursing program loan to help stabilize the macroeconomic situation. ADB positively responded to this request and developed the Public Sector Resource Management Program operation. The policy dialogue is continuing, with special emphasis on fiscal policy. ADB is also helping the Government transform its role from providing social services to setting policy. A technical assistance for Restructuring and Privatization of State-Owned Enterprises amounting to $400,000 was approved in December 2006. During the year, ADB continued to strengthen the capacity of the Public Service Division and the Ministry of Finance and Treasury.

A broad-based and inclusive growth strategy is critical to reducing poverty
 
   
© 2008 Asian Development Bank
Privacy | Terms of Use
 Top of page