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…
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…
IMF’s Impact on Sri Lanka at Stake in Election
President Wickremesinghe’s case that it is a boon is seriously challenged by his rivals The Sri Lankan presidential election, to…
Government Reportedly Scaling Back on Political Appointments
The government, in a significant shift towards fiscal responsibility, has initiated efforts to reduce the number of political appointees across…
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…
Reduced Capital Spending Will Impact Economic Growth: Deputy Governor
Deputy Governor of the Maldives Monetary Authority (MMA), Ahmed Imad, has said that the reduction in capital expenditure will have…
MDP Leader Accuses Government of Deception, Economic Mismanagement
The opposition Maldivian Democratic Party (MDP) has accused the newly instated government, led by President Dr Mohamed Muizzu, of failing…
Former President Nasheed Urges Climate Financing Instead of IMF Bailout
Former President Mohammed Nasheed, currently serving as the Secretary-General of the Climate Vulnerable Forum (CVF), has highlighted the unique position…
Maldives Capable of Managing Economic, Fiscal Hurdles Without External Assistance: Economic Minister
The Maldives is capable of managing its economy, and fiscal policy, and does not need an intervention from the International…
IMF Chief Advocates for Fiscal Reforms During Meeting With President Muizzu
Kristalina Georgieva, the Managing Director of the International Monetary Fund (IMF), has underscored the urgent need for the Maldives to…