MMA Denies Reports of Depleted Usable Dollar Reserves
The Maldives Monetary Authority (MMA) has denied reports claiming that the nation’s usable dollar reserves have been fully depleted for...
Maldives’ Usable Dollar Reserves Depleted for First Time, Sources Say
The Maldives’ usable dollar reserves have reportedly run out for the first time in the nation’s history, according to local...
Parliament to Consider Anti-Scam Amendment Proposed by North Galolhu MP
A bill targeting scams, proposed by the opposition Maldivian Democratic Party (MDP), was accepted for consideration, and referred to committee,...
Maldives May Need to Utilise SDF Funds to Cover Reserves Shortfall: Experts
The Sovereign Development Fund (SDF) will have to be used in the event the state budget is unable to meet...
Gulhifalhu Citizens’ Association Accuses Government of Attempting to Seize Land Plots
The Gulhifalhu Citizens’ Association, a collective of residents who received land plots through the Binveriya housing scheme, has levelled serious...
ACC Seeks Prosecution of Ex-IGMH Heads Over Alleged COVID-19 Profiteering
The Anti-Corruption Commission (ACC) has requested the Prosecutor General’s Office to prosecute three former senior officials of Indira Gandhi Memorial...
MMA Rule Change Likely to Politicise Financial System: MDP
The Maldives Monetary Authority (MMA) is injecting political influence into the Maldives’ financial system with a regulatory change allowing those...
Parliament Lifts Cap on Foreign Workers from Single Country
The Parliament on Monday passed an amendment to the Employment Act, removing the legal cap that limited the number of...
Maldives FM Meets Saudi Counterpart, Discusses Strengthening Bilateral Ties: MFA
The Maldives’ top diplomat, Moosa Zameer, met with Saudi counterpart Prince Faisal bin Farhan bin Abdullah bin Faisal bin Farhan...
Bangladeshi National Arrested for Alleged Cat Killing and Meat Preparation
A Bangladeshi national, sought by Maldives Immigration for allegedly killing cats and preparing their meat, has been arrested, authorities confirmed...
