Muizzu Orders Advance Payment for Rasmalé Reclamation from State Reserves or Indian Swap Facility
President Mohamed Muizzu has directed the Finance Ministry to make an advance payment for the stalled reclamation work at Fushidhiggaru...
National Budget 2025: US$705 Million Surge in Reserves Projected as Usable Reserves Decline
State reserves are expected to increase by US$705 million next year, spurred on by the recent change in foreign exchange...
Useable Reserves Drop to Lowest in 12 Months
The Maldives’ usable reserves fell by US$40 million over last month to US$73 million, the Maldives Monetary Authority’s most recent...
