EU to provide USD 3.28 million grant funding to Maldives

The European Union (EU) has decided to grant USD 3.28 million to the Maldives to support the efforts of the country to recover from the impact of the COVID-19 pandemic.

In a press release issued today, the EU stated the union welcomes the decisive, transparent and effective reaction to the COVID-19 outbreak in the Maldives. EU stated this collaborative approach, which allowed for the swift and orderly repatriation of European tourists, has been appreciated by all European countries.

EU further stated the union is supporting efforts around the world to tackle the pandemic and mitigate the effects of the crisis. Detailing the grants to be provided to support the Maldives, the EU stated the union will provide USD 1.10 million to the health sector and USD 2.18 million to the tourism industry, including the smaller operators and their employees.

The EU Ambassador to Sri Lanka and Maldives Denis Chaibi said these unprecedented times require a collaborative approach from the EU and Maldives, adding the global challenge can only be addressed and overcome together. He said EU plans to work jointly with the Maldives so that the health and tourism sectors in the nation can benefit from European funding, and that Europeans will be able to come back faster to the Maldives.

Meanwhile, Minister of Foreign Affairs Abdulla Shahid said EU's offer of support is a clear demonstration of the reinvigorated bonds of friendship and cooperation between the Maldives and the EU, especially during such extraordinary times as now. The minister thanked the EU for this timely assistance, which would help the Maldives in strengthening the health sector and assist in the economic recovery efforts. He also expressed hope to receive greater participation from the EU for the country’s socio-economic recovery plans.