5 May, 2017

In a meeting with the Minister of Finance and Treasury of the Maldives, His Excellency Ahmed Munawar, the Governor of the Bank of Japan, His Excellency Haruhiko Kuroda today commended the Maldives on the rapid pace of economic transformation in the country over the past few years. In a meeting held on the sidelines of the ongoing 50th Annual Meeting of ADB in Yokohama, Japan, Governor Kuroda said that the Maldives is among the most successful cases of economic growth and service sector development in South Asia.

Minister Ahmed Munawar briefed Governor Kuroda on President Yameen’s agenda for economic growth, investment promotion and fiscal discipline in the country. He noted that recent developments in macroeconomic management had been recognized by financial institutions and multilateral agencies, including the ADB. He thanked Japan for its continued support to the Maldives in numerous important sectors of socioeconomic development.

Minister Munawar was joined at the meeting by the Ambassador of Maldives to Japan, His Excellency Mohamed Hussain Shareef. In his remarks at the meeting held this morning at the Pacifico Yokohama, Ambassador Shareef highlighted that, later this year, the Maldives and Japan celebrate 50 years of bilateral relations. He conveyed the vision of the Government of Maldives for enhancing future ties, including Japan’s contribution towards critical development projects in the Maldives.

Minister Munawar and Ambassador Shareef were joined at the meeting by the First Secretary at the Maldives Embassy in Japan, Mr. Adam Hamid, the Consultant at the Ministry of Finance and Treasury, Ms Mariyam Rashfa and the Second Secretary at the Embassy, Ms Aminath Shazly Saleem.