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...
All-Party Talks Needed to Tackle National Debt Crisis: Mariya Didi
Former defence minister Mariya Ahmed Didi said on Sunday the Maldives is facing a national economic crisis requiring urgent cross-party...
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...
Pension Office Chair Resigns Over ‘Money Printing’ Plan Involving MVR 2.4bn Bond
The chairperson of the Pension Administration Office (MPAO), Ahmed Inaz, has resigned, citing concerns over a government plan he described...
Yameen Slams Alleged 17% Loan Plan to Refinance Sukuk
Former president Abdulla Yameen Abdul Gayoom has criticised the Muizzu administration over an alleged plan to borrow at an interest...
BML Accused of Misleading Cardholders Over Foreign Transaction Limits
The Bank of Maldives (BML) has come under criticism over what critics describe as misleading statements regarding changes to foreign...
MMA Rules BML’s Acquisition of SDFC Illegal Under Banking Act
Maldives Monetary Authority (MMA) has determined that the Bank of Maldives (BML) acquired the SME Development Finance Corporation (SDFC) in...
