MMA Governor Munawar Calls for Changes in Global Framework to Reflect Debt Realities Faced by Small Island States
Governor of the Maldives Monetary Authority(MMA), Ahmed Munawar, speaking as chair of the International Monetary Fund (IMF) and World Bank...
Maldives Drops Centerview as Advisor
The Mohamed Muizzu administration, in yet another reversal, has cancelled its contract with US independent investment banking firm Centerview Partners,...
Maldives Appoints Centerview as Debt Adviser Amid Financial Worries
The government of Maldives has appointed Centerview Partners, a US-based firm, to assist the nation through its current financial crisis,...
President Muizzu Urges Debt Relief Tied to Climate Finance for SIDS
President Dr Mohamed Muizzu has called on the international community to strengthen the connection between debt relief and climate finance...
Maldives Secures $15 Million AIIB Loan for Green Taxation and Climate Projects
The Asian Infrastructure Investment Bank (AIIB) has approved a $15 million loan to the Maldives to strengthen green taxation and...
Investor Panic Grows Over Potential Maldives Sukuk Default
Investors are increasingly offloading Islamic bonds from the Maldives amid rising fears that the nation could default on its debt,...
Parliament to Consider Fiscal Responsibility Bill and State Debt Bill
The Bill on Fiscal Responsibility and the Bill on State Debt were accepted for legislative consideration by the Parliament on...
MDP Demands Transparency on Political Appointees and Spending
The Maldivian Democratic Party (MDP) has expressed serious concerns about the lack of transparency in the Mohamed Muizzu administration, urging...
Inflation Rises in May; SDF Accumulates MVR 519 Million
Inflation rose in May, data released by the Maldives Bureau of Statistics (MBS) has revealed. Prices of goods and services...
Maldives Needs Urgent Action to Avoid Severe Economic Woes: World Bank
The Maldives needs to take urgent action to stave off high debt distress risk and other financial challenges which have...
