Economic aid to the Maldives

Maldives
This article is part of a series on the politics and government of the Maldives
Constitution & Law Human rights LGBT rights Law enforcement
Government Executive President: Abdulla Yameen Vice President: Abdulla Jihad Cabinet Legislature People's Majlis Speaker: Abdulla Maseeh Mohamed Judiciary Chief Justice: Ahmed Faiz Supreme Court High Court Superior Courts Magistrates' Courts
Elections Presidential: 2008 2013 Parliamentary: 2009 2014 Referendums: 2007 Political 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 of the Maldives to the Maldives 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 percent of GDP^[1]

2014 - 56.2%

2015 - 55.1%

2016 - 60.3%

References