Word Bank Concerned as Government Fails to Update Weekly Fiscal Developments
The World Bank has expressed concern over the Ministry of Finance’s failure to publish the state’s Weekly Fiscal Development reports....
Muizzu Concludes India Visit, Revives Relations After Diplomatic Tensions
President Mohamed Muizzu and First Lady Sajidha Mohamed returned to the Maldives on Thursday following a five-day state visit to...
Police Seize Two Apartments Owned by Former FAM Head
The two luxury apartments at Amin Avenue, purchased by former Football Association of Maldives (FAM) president Bassam Adeel Jaleel, have...
Maldives Onboards India for Gaadhoo Transshipment Port Project Already Contracted to China’s CAMC
The transshipment port project at Gaadhoo Island, in Laamu (L.) Atoll, will now go forward with India’s involvement, the Mohamed...
Foreign Reserves Decline in September, Expected to Improve Going Forward
After an increase in foreign exchange reserves at the end of August, both gross reserves and usable reserves declined in...
MDP Slams PPM/PNC Election Rhetoric in Light of President Muizzu’s India Visit
The agreements signed, as well as the discussions held, between the Maldives and India on Monday revealed the lies propagated...
India Tightens Grip Over Maldivian Security Apparatus
At the same time, New Delhi announces a financial bonanza to help Maldives meet its development needs and debt repayment...
Maldives, India Sign US$400 Million Currency Swap Agreement
The Maldives and India entered into a US$400 million currency swap agreement on Monday as both countries seek to revive...
India Aware of Maldives’ Challenges, Ready to Help: President Muizzu
India is acutely aware of the Maldives’ current financial challenges and is ready to assist, President Mohamed Muizzu said during...
IMF Package Not an Option: President Muizzu
President Mohamed Muizzu, in an interview with the BBC, has confirmed that the Maldives will not undertake an International Monetary...
