Maldives National Debt Balloons to MVR 124 Billion as Year-On-Year Debt Sees Steep Increase
The Maldives is facing mounting fiscal pressures as its national debt soared to MVR 124 billion by the end of...
Maldives’ Economy Set To Grow by 5%, on Par With Other Developing Countries: IMF Report
The Maldives’ economy will grow by five percent this year, the International Monetary Fund (IMF) has forecast in its Global...
Lower-Than-Expected Inflation in 2023; Projections for 2024 Highest Since 2013
Data released by the Maldives Bureau of Statistics has revealed that while inflation was initially expected to be at 5.4...
Tourism Job Market Expanded in Q4 of 2023: MMA Report
The tourism industry saw an increase in jobs in the last quarter of 2023, the Monetary Authority of Maldives (MMA)...
State Earns MVR 332 Million Revenue from Imports and Exports in December 2023
The state earned MVR 332 million from imports and exports over the last month, according to Maldives Customs Service data....
Government to Establish SOE to Foster Economic Diversification
The government has decided to establish a fully state-owned entity, the Maldives Industrial Development Free Zone, with a focus on...
State Reserves Rise in November Over October, Lower Compared With Same Period in 2022
The Maldives’ official reserves saw an increase in November this year compared to October, according to data released by the...
November Inflation Down on Average, Rose for Key Commodities
Prices of goods and services fell in November compared to October this year, the National Bureau of Statistics (NBS) has...
Maldives’ Exports Grow 32% in November
The Maldives’ exports increased by 32 percent in November 2023 compared to the same period last year, according to data...
SDF Deposits in 2023 Exceed MVR 886 Million
The Sovereign Development Fund (SDF) has received MVR 886.7 million so far this year, surpassing the earlier estimate of MVR...
