US gives extra $3m in bilateral assistance to Maldives

The US government’s Agency for International Development (USAID) and the Maldives foreign ministry on Monday signed an amendment to their bilateral assistance agreement to obligate an additional $3 million to support public financial management and good governance.

"Through this agreement, the US is providing $3 million to advance joint US-Maldives priorities in public finance and good governance," said USAID Deputy Assistant Administrator Änjali Kaur.

"This agreement is a concrete demonstration of the growing partnership we share with the Government and people of Maldives."

Since the signing of a landmark bilateral assistance agreement between the US and Maldives on 12 March 2019, the US has obligated over $28 million in bilateral assistance to Maldives for projects to improve public financial management, strengthen rule of law, support decentralization efforts, protect the environment, and now, adapt to climate change.

To date, USAID and its Maldivian counterparts have achieved noteworthy results through this partnership, including advancing evidence-based decision-making to support the country’s post-pandemic recovery and mitigating the impacts of climate change on the Addu and Fuvahmulah reserves, among other successes.

USAID partners with the government of Maldives to strengthen environmental resilience, implement economic and democratic reforms, and build a strong civil society.