ADB pledges USD 21.95 million to Maldives

1 month ago

The Asian Development Bank (ADB) has approved a USD 21.95 million financing package to build Maldives’ capacity to combat the effects of climate change and ensure sustainability of its food systems. In a statement on Monday, the ADB said he financing package comprises of a USD 4 million concessional loan and a USD 17.95 million grant from the Asian Development Fund,