Presidential Advisor Warns Payment Delays Threaten Construction Industry
Mohamed Ali Janah, President of the Maldives National Association of Construction Industry (MACI) and Principal Advisor to President Dr Mohamed...
Foreign Minister Heads to Saudi Arabia Amid Reserve Crisis
Foreign Minister Moosa Zameer has departed for Saudi Arabia on an official visit, carrying a letter from President Dr Mohamed...
Maldives’ Usable Reserves Plummet Below Monthly Import Overhead
The Maldives’ usable reserves this month have fallen to US$66.9 million; a decline of US$6.2 million over the previous US$73.1...
China FTA Damaging to Maldives’ Economic Independence: MDP
The Free Trade Agreement (FTA) between the Maldives and China will be damaging to the Maldives’ economic independence, Chairperson of...
China Assures Full Support to Address Maldives’ Economic Challenges: Minister Zameer
Chinese President Xi Jinping has assured the Maldives of China’s full cooperation in addressing the country’s current economic challenges, Minister...
Government Payment Delays Push Small Businesses to the Brink
Since President Mohamed Muizzu assumed office eight months ago, small and medium-sized enterprises (SMEs) have faced severe financial strain due...
Delay in June Tourism Statistics Adds to Concerns Over Government Transparency
The release of the Maldives monthly tourism statistics have been delayed for the month of June — procedurally monthly reports...
State’s Financials Remain Unpublished Three Weeks Running
The Ministry of Finance has failed to release the Weekly Fiscal Development Report for the past three weeks. The last...
Opinion: Is President Muizzu Leading the Maldives to Economic Ruin?
The Maldives is grappling with an economic crisis of unprecedented proportions under the leadership of President Mohamed Muizzu. Recent developments...
June 2024 Revenue Lower Than Projected But Higher Than June 2023
The Maldives Inland Revenue Authority (MIRA) reported a 28.8 percent decline in revenue over the last month. The figures released...
