Government Trims Spending on Subsidies, Aasandha
The State’s spending on subsidies and Aasandha—the universal healthcare insurance scheme—has shown a notable decrease compared to the previous year,…
Fitch Downgrades Maldives’ Rating From B- to CCC+ Citing Worsening External Financing
Fitch Ratings has downgraded the Maldives’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘CCC+’ from ‘B-‘. An IDR is an…
