economic
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Local News
Gov’t to establish Economic Reform Office, seeks commissioner
The Finance Ministry has announced the establishment of an Economic Reform Office to oversee and expedite government agency reform efforts…
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Local News
Ex-VP Faisal urges cost-cutting to tackle economic challenges
Former Vice President Faisal Naseem has called for immediate reductions in government spending to address the Maldives’ current economic difficulties.…
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Local News
Govβt aims to leverage strategic location for economic growth: Shimad
The State Trading Organization (STO) and the government are focused on maximising the economic advantages of the Maldivesβ strategic location,…
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Local News
Finance Ministry confident of economic recovery despite rating downgrade
The Finance Ministry has expressed optimism that the Maldives’ financial and debt situation will improve. The government said this in…
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Local News
Maldives sukuk value plummets amid economic crisis
The value of the Maldivian sukuk securities has seen a sharp decline deteriorated. According to Bloomberg, the downturn is largely…
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Local News
Agricultural Economic Zone’s practical work to begin later this year
The practical work of developing the Agricultural Economic Zone will start later this year, Economc Minister Mohamed Saeed has said.…
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Local News
Maldives’ economic crisis temporary, receives int’l support: Minister Saeed
Foreign Minister Moosa Zameer has acknowledged that the Maldives is experiencing a temporary economic crisis but emphasized that various international…
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