Fitch Maintains Maldives ‘CC’ Rating, Flags High Default Risk and Refinancing Challenges
Fitch Ratings on Thursday affirmed the Maldives’ long-term foreign currency issuer default rating at ‘CC’ with a stable outlook, citing...
Maldives’ Debt via T-Bills, Bonds Reaches MVR 94.1 Billion
The total amount repayable by the Maldivian government on Treasury bills and bonds has reached MVR 94.1 billion, according to...
Powering Maldives to $100 Billion-Dollar Economy by 2050
The Maldives has achieved remarkable economic growth over the past 50 years through its strategic focus on tourism, leveraging its...
Background to Manmohan Singh’s Rise as India’s Economic Icon
A series of economic events over decades and Singh’s own conviction about liberalisation combined to free the deeply statist Indian...
Maldives’ Exports Decline Nearly Eight Percent
The Maldives’ exports declined by 7.7 percent between January and November this year compared to the same period in 2023,...
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,...
Muizzu’s Recipe for Maldives’ Economic Recovery
“Mend fences with India and maintain ties with China to revive Maldives’ economy and protect its independence.” The Maldivian economy...
What Does the Sri Lankan Presidential Election Mean?
Hard road ahead for President-elect Anura Kumara Dissanayake The result of the ninth Sri Lankan presidential election uncannily followed a...
Moody’s Downgrades Maldives’ Rating to CAA-2, Signals Deepening Crisis
Moody’s downgraded the Maldives’ credit rating to CAA-2 on Wednesday, citing high credit risk and growing concerns over the country’s...
Ratings Downgrade Shows Government Incompetence: MDP
Fitch Ratings downgrading the Maldives’ credit rating from CCC+ to CC highlights the administration’s incompetence in managing fiscal policy, the...
