Economic aid to the Maldives

Maldives

This article is part of a series on the politics and government of the Maldives
Constitution Human rights
Government
Executive President Abdulla Yameen Vice President Abdulla Jihad Cabinet
Legislature People's Majlis Speaker: Abdulla Maseeh Mohamed
Judiciary Law Chief Justice: Ahmed Faiz Courts Supreme Court High Court Superior Courts Magistrates' Courts Law enforcement
Recent elections Presidential: 2008 2013 Parliamentary: 2005 2009 2014 Local: 2011 Referendums: 2007
Political parties Major parties Democratic Party People's Party Progressive Party
Administrative divisions Provinces and atolls Natural atolls Local Councils
Foreign relations Minister of Foreign Affairs Diplomatic missions Passport Visa requirements Foreign aid
Other countries Atlas

Before the 1980s, the Maldives received limited assistance from UN specialized agencies. Much of the external help came from Arab countries such as Saudi Arabia, Kuwait, and the UAE, for use on an ad hoc basis rather than as part of comprehensive development plan. However, with the developmental commitment of President Maumoon Abdul Gayyoom, who assumed office in 1978, Maldives received an annual average of US$15.5 million in external assistance in the form of grants and loans.

In 1992, Maldives received approximately US$11.6 million in foreign aid from international agencies such as the World Bank, Asian Development Bank and individual countries, particularly Japan. Other than humanitarian aid, loans and grants went for such purposes as education, health, transport, fisheries, and harbor development.

The United Nations Development Programme is providing support to the Maldives for environmental projects.

Debt growth

Debt - external: estimated in US dollars

1998 - $188 million

2000 - $237 million

2004 - $416 million

Maldives articles

History

Geography

Politics

Economy

Society

Outline
Index

Book
Category
Portal

This article is issued from Wikipedia - version of the 3/10/2014. The text is available under the Creative Commons Attribution/Share Alike but additional terms may apply for the media files.