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...
MMA Rule Change Likely to Politicise Financial System: MDP
The Maldives Monetary Authority (MMA) is injecting political influence into the Maldives’ financial system with a regulatory change allowing those...
Foreign Minister Heads to Saudi Arabia Amid Reserve Crisis
Foreign Minister Moosa Zameer has departed for Saudi Arabia on an official visit, carrying a letter from President Dr Mohamed...
Maldives Dangerously Low on Useable Reserves, According to MMA Communique
The Maldives would have exhausted its usable reserves by the end August, the Maldives Monetary Authority (MMA) has projected in...
MMA Regulation Change Threatens Maldives’ Financial Integrity: MDP Chairperson
The main opposition Maldivian Democratic Party (MDP) Chairperson Fayyaz Ismail has warned that the the Maldives Monetary Authority’s (MMA) recent...
Central Bank Seeks Managing Directors for Key Areas
The Maldives Monetary Authority (MMA) has opened applications for managing director positions across five areas. This move comes as part...
Two Names Already Shortlisted for MDB CEO
Two candidates have already been put forward for the post of Chief Executive at the Maldives’ first development bank, the...
Overall Inflation Spikes in June; Food Prices See Significant Rises
Food prices have risen to the highest since the year began, data from the Maldives Monetary Authority (MMA) has shown....
Maldives’ Usable Reserves Plummet Below Monthly Import Overhead
The Maldives’ usable reserves this month have fallen to US$66.9 million; a decline of US$6.2 million over the previous US$73.1...
Ahmed Munawar Appointed Governor of Maldives Central Bank
Ahmed Munawar has assumed the role of governor of the Maldives Monetary Authority (MMA). President Mohamed Muizzu made the appointment...
