Maldives’ Economy Set To Grow by 5%, on Par With Other Developing Countries: IMF Report
The Maldives’ economy will grow by five percent this year, the International Monetary Fund (IMF) has forecast in its Global…
Lower-Than-Expected Inflation in 2023; Projections for 2024 Highest Since 2013
Data released by the Maldives Bureau of Statistics has revealed that while inflation was initially expected to be at 5.4…
Maldives’ Budget Chief Resigns
Ahmed Saruvash Adam, Chief Financial Budget Executive at the Ministry of Finance, who is chiefly responsible for the formulation of…
Tourism Job Market Expanded in Q4 of 2023: MMA Report
The tourism industry saw an increase in jobs in the last quarter of 2023, the Monetary Authority of Maldives (MMA)…
Government Working to Sort USD Exchange Rate Issue: Minister Saeed
Minister of Economic Development and Trade Mohamed Saeed has said that the government is already working to address the US…
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…
