§ Sir R. Russell
asked the Secretary of State for Commonwealth Relations what progress is being made with the rehabilitation of the economy of the Maldive Islands.149W
§ Mr. Sandys
In 1960 Her Majesty's Government agreed to make available to the Maldivian Government a sum of £750,000 to be devoted over a period of years to projects designed to improve the Maldivian economy and their health and education services. The Maldivian economy is largely dependent on exports of fish and the economic aid projects relate mainly to the fishing industry. A boatyard has been constructed at which improved fishing craft are being built. British engines are being supplied for these craft. Maldivian fishermen have received training in drift net techniques and traditional fishing gear has been supplied. A 450 ton motor vessel has also been supplied for use in inter-atoll trade. A power station and electric supply system have been constructed at Male. Plans are in hand for improvements to Male harbour.