Halting Debt Monetisation Won’t Affect Cash Flow if Revenue Forecasts Are Met: Finance Ministry
The Ministry of Finance has said that the cash flow will not be affected, with the halting of debt monetisation,...
State Reserves Rise in November Over October, Lower Compared With Same Period in 2022
The Maldives’ official reserves saw an increase in November this year compared to October, according to data released by the...
Administration Has Halted Debt Monetisation: President Muizzu
The administration has halted the practice of debt monetisation President Mohamed Muizzu said on Saturday evening while speaking at the...
International Flights to Maldives Jump 15% Compared to Pre-Pandemic Figures: MMA
The number of international flights to the Maldives in the third quarter (Q3) of this year increased by 15 percent...
SDF Deposits in 2023 Exceed MVR 886 Million
The Sovereign Development Fund (SDF) has received MVR 886.7 million so far this year, surpassing the earlier estimate of MVR...
Fish Exports Exceed 58,000 Metric Tonnes in Nine Months: MMA
The Maldives has exported 58,761 metric tonnes of fish as of September in 2023, according to data released by the...
1.2 Million Cards Issued Over 23 Years, MMA Says
Approximately 1.2 million cards have been issued to customers in the Maldives since the inception of card-based transactions 23 years...
Digital Payments Surge and Remittances Decline in Maldives, Data Reveals
The Payments Bulletin by the Payment Systems and Oversight Division (PSOD) of the Maldives Monetary Authority (MMA) has highlighted a...
Ali Hashim Becomes First Maldivian to Chair World Bank Group and IMF Boards of Governors
Ali Hashim, the Governor of Maldives Monetary Authority (MMA), has been chosen as the Chair of the Boards of Governors...
Maldives’ Credit Rating at B-,Outlook Negative, Says Fitch Ratings
Fitch Ratings has affirmed the Maldives’ Long-Term Foreign-Currency Issuer Default Rating (IDR) at ‘B-‘ with a ‘negative outlook.’ In Fitch’s...
