Maldives and ADFD Seek to Expand Ties and Development Financing
Both parties explored aligning future financial assistance with the government’s development priorities. | Photo: Ministry of Finance and Public Enterprises
The Minister of Finance and Public Enterprises of Maldives, Hassan Zareer, met with the Director General of the Abu Dhabi Fund for Development (ADFD), Mohamed Saif Al Suwaidi, to discuss strategies for deepening cooperation and expanding the long-standing financial partnership between the two nations.
According to an official statement released by the Ministry of Finance and Public Enterprises on Wednesday, the high-level meeting focused on potential funding for new infrastructure and socio-economic initiatives across the Maldives. Both parties explored avenues to align future financial assistance with the Maldivian government’s core development priorities.
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During the talks, Minister Zareer emphasised the strategic value of the relationship, noting that financial collaboration with the Abu Dhabi-based institution remains integral to advancing national infrastructure goals.
The Maldivian government expressed its formal gratitude to the ADFD leadership for the fund’s continued backing of key national development programmes over recent years.
The ADFD, an economic development entity owned by the Abu Dhabi government, has historically provided soft loans and development grants to help island nations enhance critical public infrastructure, energy resilience, and transport networks.
