Finance

News

10 Jun, 2026

Zameer Says Health Forced His Hand, Pledges Loyalty to Muizzu

MALE’ — Former Finance Minister Moosa Zameer said on Tuesday night that health concerns were behind his resignation, telling a PNC rally he stepped aside to make room for someone who could

News

09 Jun, 2026

The New Man at the Finance Ministry: Who Is Hassan Zareer?

MALE’ — When Hassan Zareer walked into the Finance Ministry on Tuesday to be welcomed by senior staff, he was stepping into one of the most demanding roles in the Maldivian government

News

25 Apr, 2026

Government Revenue Rises 11.6 Percent as Fiscal Position Shows Surplus

Government revenue and grants increased by 11.6 percent this year, according to the latest Weekly Fiscal Developments Report issued by the Ministry of Finance. As of 16 April, the state collected MVR

Maldives steps up economic monitoring as Middle East unrest raises regional concerns

The Ministry of Finance and Development Planning has begun closely tracking potential shifts in the Maldives’ external economic environment as unrest in the Middle East continues to unsettle global markets. In a

01 Mar, 2026

Gulf Crisis·News

Maldives Faces Rising Tensions as Ex‑Pension Board Member Warns of Inflation Risks From MVR 2.4 Billion Bond Plan

Sarvash Adam, who resigned from the Pension Office board as the representative for private businesses, has issued a sharp warning over the government’s proposed MVR 2.4 billion “dual‑currency” bond. He says the

04 Feb, 2026

News

India’s Currency Swap Bolsters Reserves, Averts Liquidity Crisis

MALE’, Maldives — In a significant move last October, India extended a $400 million currency swap to the Maldives that has proven critical in stabilizing the country’s foreign exchange reserves, according to

20 Jun, 2025

Business·India-Maldives

Maldives’ Sovereign Fund Struggles Offer Cautionary Tale for Developing Economies

Malé, Maldives- The Maldives’ uphill battle to establish a viable sovereign wealth fund offers a cautionary tale about the challenges developing nations face in trying to secure their economic futures amid global

21 May, 2024

Business·News

Academics Fear Curtailed Access to Knowledge as BML Considers Dollar Spending Limits

Dr. Ibrahim Latheef, Dean of Postgraduate Studies and prominent Maldivian academic with Villa College, expressed concern today over the Bank of Maldives’ (BML) recent moves regarding foreign currency spending, fearing it will

12 Feb, 2024

Business·News·Politics

Maldives Ends 2023 with MVR 124 Billion Debt, Reflecting a 115.9% Debt-to-GDP Ratio

Maldives closed the fiscal year of 2023 with a total debt of MVR 124 billion, as revealed by data released by the Ministry of Finance. The figures encompass both domestic and external

05 Feb, 2024

Business·News·Politics

President Dr. Mohamed Muizzu Formally Establishes the Maldives International Financial Services Authority

President Dr. Mohamed Muizzu officially established the “Maldives International Financial Services Authority” today, marking a pivotal step towards fostering a robust legal framework for both onshore and offshore financing services. This governmental

21 Jan, 2024

Business·News·Politics

Finance

Zameer Says Health Forced His Hand, Pledges Loyalty to Muizzu

The New Man at the Finance Ministry: Who Is Hassan Zareer?

Government Revenue Rises 11.6 Percent as Fiscal Position Shows Surplus

Maldives steps up economic monitoring as Middle East unrest raises regional concerns

Maldives Faces Rising Tensions as Ex‑Pension Board Member Warns of Inflation Risks From MVR 2.4 Billion Bond Plan

India’s Currency Swap Bolsters Reserves, Averts Liquidity Crisis

Maldives’ Sovereign Fund Struggles Offer Cautionary Tale for Developing Economies

Academics Fear Curtailed Access to Knowledge as BML Considers Dollar Spending Limits

Maldives Ends 2023 with MVR 124 Billion Debt, Reflecting a 115.9% Debt-to-GDP Ratio

President Dr. Mohamed Muizzu Formally Establishes the Maldives International Financial Services Authority

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