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World Bank Committed to Support Maldives Post-COVID Recovery

The World Bank’s Country Director for Maldives, Nepal and Sri Lanka, Faris Hadad-Zervos, completed a successful visit to the Maldives today as part of the World Bank’s continued engagement with the island nation to support its efforts to build back better from the unprecedented health and economic impact of COVID-19.

“Thanks to progressive measures and adherence to guidelines, the Maldives’ tourism has observed a strong rebound since late last year, with the country’s economy now on the road to recovery,” said Faris. H. Hadad-Zervos, the World Bank Country Director for Maldives, Nepal and Sri Lanka. “Building on the positive economic outlook, Maldives can achieve a greener and more resilient growth and development that benefits all Maldivians through active management of its macro-fiscal situation and debt vulnerabilities.”

The visit came hot on the heels of the launch of the latest World Bank Maldives Development Update: A Digital Dawn report, which…

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