Maldives : country operations business plan 2021–2023

Abstract

This Country Operations Business Plan (COBP) 2021–2023 is the first COBP of the country partnership strategy (CPS), 2020–2024 of the Asian Development Bank (ADB) with the Government of Maldives. The lending assistance program for 2021–2023 is in line with the following strategic objectives of the CPS, 2020–2024: (i) improve the quality of life of island communities while ensuring environmental sustainability; (ii) strengthen competitiveness and diversify the economic base; and (iii) enhance public sector efficiency and fiscal sustainability. The CPS and the COBP will contribute to the government’s Strategic Action Plan 2019–2023, which was launched in October 2019 as the central policy framework and planning document of Maldives for 2019–2023 covering five priority areas such as the blue economy, a caring state, dignified families, quality of island life, and good governance.