ADB’s country operations business plan, 2020–2022 for Maldives and the indicative pipeline of priority projects were prepared based on consultations with various government agencies.
 
Maldives, a group A developing member country, is eligible for Asian Development Fund (ADF) grants and concessional ordinary capital resources lending (COL). The indicative ADF grant and COL resource allocation for commitment for 2020–2022 is $81.19 million, which includes an $18.86 million allocation for disaster risk reduction. The final allocation will depend on available resources and the outcome of the country performance assessments. Cofinancing and funding from other sources, including the regional pool under concessional resources, will be explored. The 2019 debt distress classification assessed Maldives to be at high risk of debt distress. Following the ADF grants framework, the country is to receive 50% of its country allocation in grants in 2019.