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Signing of Memorandum of Understanding Between UNDP and the Ministry of Economic Development

Signing of Memorandum of Understanding Between UNDP and the Ministry of Economic Development

The United Nations Development Programme (UNDP) in the Maldives represented by Enrico Gaveglia, and the Ministry of Economic Development represented by Minister Fayyaz Ismail, today signed a Memorandum of Understanding (MoU) to provide technical assistance for strengthening evidence-based policy making and enhancing investments in Sustainable Development Goals (SDGs) in the Maldives.

The MOU reaffirms the long-standing partnership between the two entities, building on  several areas of support through the decades,  and lays the foundation for accelerated and focused development cooperation under UNDP’s new Country Programme Document for the Maldives 2022-2026.  

With the signing of the MoU, UNDP’s support to the Ministry will be enhanced by bringing together its extensive global and regional expertise in developing data-driven, innovative research capabilities.  UNDP will partner with the Ministry to develop similar capacities and seek additional partnerships for strengthening knowledge exchange.

This collaboration between UNDP and the Ministry of Economic Development will establish a value-added joint effort in enhancing the parallel implementation of the development agenda of the Government of Maldives, and the SDGs focused on policy formulation and economic diversification.