Maldives Finance Minister Moosa Zameer resigns

Jun 8, 2026, 12:08 PM
Finance Minister Moosa Zameer. -- Photo: President's Office

Finance Minister Moosa Zameer. -- Photo: President's Office

Minister of Finance and Public Enterprises Moosa Zameer has resigned from his post today.

Sources confirmed to Adhadhu that Zameer submitted his resignation letter to President Mohamed Muizzu.

Zameer first served as the Minister of Foreign Affairs in Muizzu’s inaugural cabinet. During his tenure, he played a pivotal role in mending and strengthening diplomatic ties between the Maldives and India during a period of strained relations.

Zameer was appointed as the Minister of Finance on September 30, 2024. In this role, he oversaw significant financial milestones, including the successful repayment of a USD 500 million sukuk.

Records indicate that Zameer previously attempted to resign on April 13, 2026, following the government’s setback in the local council elections. However, he later reversed that decision.

Sources familiar with the matter suggest that his previous attempt to resign was connected to a disagreement with Muizzu. The friction reportedly began when Zameer advised Muizzu on the importance of learning from the electoral defeat.

According to sources, when Zameer suggested taking lessons from the election results, Muizzu rejected the advice and responded harshly, dismissing the notion that the outcome represented a failure for the administration.

Sources further confirmed that Zameer ultimately decided to remain in his post at that time only after Muizzu offered an apology.

Comments

Read More

Latest News

Nasheed warns Red Sea tensions could threaten Maldives

Former President Mohamed Nasheed warned that Middle East tensions and Red Sea disruptions could bring conflict to the Maldives. He urged the deployment of military assets and stronger security ties with India to protect vital trade channels from militant threats. Nasheed noted that new trade routes may emerge as global shipping shifts.

MDP opens applications for National Council elections

The Maldivian Democratic Party has opened applications for its National Council elections scheduled for November 27. Candidates must pay a fee to contest, and the vote marks the first internal election under new party statutes. The deadline for members to register to vote is October 20.

No direct response from Alabbar on land granted in perpetuity

Mohammed Alabbar declined to confirm if land for the Rasmale’ project was granted in perpetuity, stating his company will follow Maldivian law. While the government is waiving acquisition fees, Alabbar noted that lease terms must align with current regulations, though he acknowledged that laws can change over time.

BOC employee jailed for stealing $150,000 from customer account

Former Bank of Ceylon Deputy Country Manager Hassan Waheed was sentenced to over three years in prison for stealing $150,000 from a customer. He was convicted of forgery and theft for the 2019 crime. Due to trial delays, part of his sentence was commuted to a fine, though the court noted he made no effort to repay the stolen funds.

One in five Maldivians suffer from depression symptoms

A Health Ministry survey reveals that one in five people in the Maldives suffers from depression symptoms. In response to rising mental health concerns, the government is expanding psychiatric services and building a specialized 50-bed hospital in Hulhumalé to provide long-term care and reduce social stigma.

Film stars remanded for 15 days following drug bust

A court remanded film stars Ahmed Azmeel, Ismail Jumaih, and Mohamed Vishaal for 15 days after a drug bust. The actors and a fourth suspect tested positive for synthetic drugs found in plain view during a police raid. Authorities seized enough substances to potentially pursue trafficking charges against the group.

Four more embassies to open despite rising costs

The Maldives government will open four new embassies in Egypt, South Africa, Australia, and Italy, bringing the total number of missions to 25. This expansion comes despite public concern over rising costs, with annual spending already at MVR 648 million. Currently, 82 political appointees are stationed abroad at a high monthly expense.

Newsletter

Get the latest news delivered straight to your inbox