Maldives: Economic Recovery Program (Second Tranche)

18 Sep 2012 - The Asian Development Bank (ADB) approved the release of the second tranche of the Economic Recovery Program (Maldives).

Description:

Briefs Intro:

The Asian Development Bank (ADB) approved the release of the second tranche of the Economic Recovery Program (Maldives).

This loan supports macroeconomic and fiscal development in the Maldives. The first tranche was released in 2010. The focus of the second tranche continues to be on improved public financial management including outcome orientation of the budget and better tax effort, deepening of the trading in the treasury bills market, improved internal audit, and privatization of state-owned enterprises.

Amount:

$16,491,115

Project ID:

39658

Project URL:

http://adb.org/projects/39658-013/main

Country:

Maldives

Subject:

Economics

Board Approval Date:

18 Sep 2012

Year:

2012

Feature

Amount: $16,491,115

Project ID: 39658

For more information:

http://adb.org/projects/39658-013/main