World Bank VP for South Asia offers support to revitalize Maldives' economy

The World Bank Vice President for South Asia, Martin Raiser has offered the World Bank’s support and assistance to revitalize the economy of Maldives.

Raiser made the offer during a courtesy call paid on President Ibrahim Mohamed Solih on Thursday.

During the call, discussions were held on the constructive relationship between Maldives and the World Bank.

The Maldivian leader applauded the World Bank for its continuous support and assistance which has immensely contributed to the growth of the Maldives since the archipelago nation joined the World Bank.

President Solih also shed light on the economic management measures the administration has taken under the World Bank’s advice.

Applauding the government’s efforts in pushing economic management measures despite their unpopularity, Raiser stated that it was a good decision.

The World Bank VP for South Asia also noted that it is wise for the Maldives to make these choices and expressed hope for success.

Offering the World Bank’s support to revitalize the economy of Maldives, Raiser emphasized the Country Partnership Framework, which mainly focuses on economic resilience, increased financial investments, and building human capital.

President Solih and Raiser expressed their mutual keen interest for future cooperation and collaboration before concluding the meeting.