Government Reportedly Utilised ‘Significant’ Portion of SDF Funds
The Mohamed Muizzu administration has utilised a significant portion of deposits in the Sovereign Development Fund (SDF), local media sources...
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....
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...
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...
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...
President Muizzu, India’s EAM Jaishankar Discuss Strengthening Bilateral Cooperation
President Mohamed Muizzu met with Indian External Affairs Minister Subrahmanyam Jaishankar on Sunday as part of his ongoing state visit...
President Muizzu Warns of Societal Ill Effects Caused by Lies and Misinformation
Lies and the spread of misinformation are rampant in society and have, at times, been extremely detrimental to the state,...
Police to Seize Two Apartments Owned by Ex-FAM President at Amin Avenue Hulhumalé
A court order was issued on 28 September for beleaguered former President of the Football Association of Maldives (FAM) Bassam...
New Exchange Regulations: Registration Portal Goes Live as MMA, Government Face Tourism Industry Pressure
The Maldives Monetary Authority (MMA) has initiated the process for tourist facilities to register with the authority, following the newly...
Maldives Tourism Recovers From Setbacks
Ambitious plans mark recovery from COVID and a short-lived Indian boycott Tourism is the single most important source of livelihood...
