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 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…
Opinion: Is President Muizzu Leading the Maldives to Economic Ruin?
The Maldives is grappling with an economic crisis of unprecedented proportions under the leadership of President Mohamed Muizzu. Recent developments…
IMF Welcomes Maldives’ Key Initial Steps, Advises Swift Implementation of Fiscal Reforms
The International Monetary Fund (IMF) lauded the decision by the Maldives to raise goods and services taxes (GST), saying the…
Initiating Fiscal Reforms Essential to Maldives’ Sustained Economic Growth: World Bank
The World Bank has called for the urgent implementation of the Maldive’s planned financial reforms, saying such action is essential…
