Maldivian Holidays Out as State’s Travel Agent: Finance Circular
The Ministry of Finance has annulled a circular directing state agencies to purchase all air travel through Maldivian Holidays. Maldivian...
Parliament to Consider Fiscal Responsibility Bill and State Debt Bill
The Bill on Fiscal Responsibility and the Bill on State Debt were accepted for legislative consideration by the Parliament on...
MDP Expresses Support for Government’s Economic Reform Package, Questions ‘Excessive’ Political Appointments
The opposition Maldivian Democratic Party (MDP) will support the administration’s proposed legislative package aimed at cutting state spending and reforming...
Parliament Seeks Public Opinion on SDF Bill
While the Sovereign Development Fund (SDF) Bill has been re-introduced to Parliament, the legislature is now seeking public opinion on...
Public Accounts Committee Recommends Removal of Hashim as MMA Governor
The Parliament Public Accounts Committee has recommended that the President remove Ali Hashim as the Governor of the Maldives Monetary...
Useable Reserves Drop to Lowest in 12 Months
The Maldives’ usable reserves fell by US$40 million over last month to US$73 million, the Maldives Monetary Authority’s most recent...
Inflation Rises in May; SDF Accumulates MVR 519 Million
Inflation rose in May, data released by the Maldives Bureau of Statistics (MBS) has revealed. Prices of goods and services...
Decline in Indian Tourists Resulted in Over MVR 2 Billion in ‘Lost’ Revenue: Opposition
The words and policies of President Mohamed Muizzu, and some key deputy ministers, have caused losses of MVR 2.3 billion...
Opposition Attributes Economic Slump to Government Incompetence
The current administration has not been able to manage the fiscal challenges faced by the Maldives despite having been made...
President Muizzu in Opposition Crosshairs Over Economic ‘Bitter Pill’
The Maldivian Democratic Party (MDP) Chairperson, Fayyaz Ismail, pointing to words by the administration-aligned Deputy Speaker of Parliament, Ahmed Nazim,...
