For Immediate Release
Press Release
MALÉ, Maldives - The United States on Monday announced the commitment of US $8.5 million in additional funds to further the development of Maldives.
The U.S. $8.5 million is committed through the Development Objective Grant Agreement between the United States Agency for International Development (USAID) and the Government of Maldives. This development assistance will support Maldives to improve the resilience of the country’s economic and democratic governance and to support inclusive and sustainable development.
The new funding commitment was announced in a ceremony at the Ministry of Foreign Affairs attended by Michael Schiffer, assistant administrator for USAID Asia Bureau, Maldives Minister of State for Foreign Affairs Sheryna Abdul Samad, Maldives Foreign Secretary Fathimath Inaya, and USAID Sri Lanka, U.S. Ambassador to Maldives Hugo Yon, and Maldives Mission Director Gabriel Grau.
“The United States and the American people are proud of our enduring and robust partnership with Maldives,” Assistant Administrator Schiffer said. “U.S. support will help Maldives address the impact of climate change, enhance economic development, and pursue good governance initiatives to ensure its position as a pillar of stability, democracy, and prosperity in South Asia.”
USAID has been working in Maldives since 2001 and has provided more than $45.72 million in assistance to Maldives since 2019.