The FINANCIAL — The Asian Development Bank (ADB) has endorsed a new 5-year country partnership strategy (CPS) for Maldives covering 2020–2024. A roadmap for ADB operations in Maldives, the CPS will support the country to take on a more resilient, sustainable, and inclusive path for development, and emerge stronger from the coronavirus disease (COVID-19) pandemic. Under the CPS, ADB will help enhance public sector efficiency and fiscal sustainability by improving the quality and efficiency of public services and state-owned enterprises, as well as tax administration. The strategy will support economic competitiveness and diversification of the country’s economic base by supporting…
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