Government Securities Outstanding Top MVR 100bn as Domestic Borrowing Rises
Outstanding government securities in domestic and foreign markets have risen above MVR 100 billion, according to data released by the...
Noonu Atoll Tops Maldives Resort Sector in Average Revenue
Resorts in Noonu Atoll recorded the highest average revenue in the Maldives in 2024, according to statistics released by the...
Foreign Fishing Boats Stopped Off Gan as Maldives Exercises Control Over Southern Waters
The Maldives Coast Guard stopped two foreign fishing boats on Thursday in waters south of the country, as the Muizzu...
Abu Dhabi Fund Agrees to Roll Over Maldives Bond, Muizzu Announces
The Abu Dhabi Fund for Development has agreed to roll over a $100 million bond issued by the Maldives that...
Nasheed Raises Concerns Over Pension Savings as MPAO Pushes Bond Transaction
Former president Mohamed Nasheed on Tuesday warned against using pension fund savings for government financing, calling such moves a serious...
Pension Office Defends MVR 2.4bn Bond Deal as Criticism Mounts
The Maldives Pension Administration Office (MPAO) on Tuesday defended a planned MVR 2.4 billion transaction involving the sale of treasury...
Pension Fund Use Ahead of Sukuk Maturity Risks Deeper Crisis: Ameer
Former finance minister Ibrahim Ameer has warned that forcing the Maldives Pension Administration Office (MPAO) to fund government operations, with...
Nasheed Warns Maldives Risks Debt Trap as High Interest Loans Pay Off Old Debt
Former president Mohamed Nasheed said on Sunday that the Maldives would be firmly caught in a debt trap if the...
Fayyaz Cautions on Economic Distress as MPAO Chair Quits Over MVR 2.4bn Bond Plan
Former Maldivian Democratic Party (MDP) chairperson Fayyaz Ismail on Sunday warned that the Muizzu government is heading towards economic distress...
Sheikh Shifan Elected Adhaalath Party President With 99% of Vote
Sheikh Mohamed Shifan was elected president of the Adhaalath Party with 99% of the vote in an online election held...
