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...
State Revenue up 34.4% in March
State revenue increased by 34.4 percent in March compared to the same period last year, according to the Maldives Inland...
Tourism Minister Visits Stalled Resort Projects, Seeks to Facilitate Completion
Minister of Tourism Ibrahim Faisal is currently visiting islands leased for tourist resorts where developments have stalled. He visited the...
