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Project

Economic Recovery Program Project in Maldives

General Information

Opportunity Type:
Goods, Services
Next Action Date:
Closed Date: Dec 31, 2012

Project Summary

The Public Resource Management Reform Program and Capacity Building for Institutional Development (TA Loan) in Maldives will support capacity building initiatives for the MOFT (Department of Inland Revenue and Department of Budget), the Public Services Division, and the Public Enterprise Commission.

The project includes: (i) strengthening of the revenue administration, (ii) developing fiscal mangement reforms, (iii) strengthening civil service management, and (iv) enhancing SOE reform. ADB is proposed to support the US$ 1.5 million loan.

UPDATE:

11 April 2010

The total project financing is US$ 42.5 million.  US$ 7.5 million of which constitutes the TA package.

The TA package under this program is required for the capacity development for government institutions in economic management.

10 December 2009

The Board has approved this Board on 9 December 2009, and is expected to be completed by 31 December 2012.  This program consists of a program loan, worth US$ 35 million, and a TA Loan and a TA Grant.

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