Donor Conference pledges now US$487 million, says Ministry of Foreign Affairs

Foreign Minister Dr Ahmed Shaheed and State Minister Ahmed Naseem took to the stage this morning to dismiss claims made by the Dhivehi Rayyithunge Party (DRP) that the donor conference had raised less US$20 million in pledges.

“That is their own number,” Dr Shaheed said.

“If you add up the money from the International Monetary Fund (IMF), the World Bank, the UN system, the Asian Development Bank (ADB) and the Islamic Development Bank (IDB) it’s almost US$200 million. That is 80 per cent of pledges coming from these big donors.”