Former Finance Minister Zameer affirms loyalty to Muizzu

Jun 10, 2026, 10:52 AM
Zameer and Muizzu. -- Photo: President's Office

Zameer and Muizzu. -- Photo: President's Office

Moosa Zameer has said that despite his resignation as Finance Minister, he remains steadfastly aligned with the vision of President Mohamed Muizzu and the ruling People’s National Congress (PNC).

Speaking at a PNC rally last night, Zameer, who resigned from his ministerial post on Monday, affirmed that he remains ready to undertake any responsibilities assigned to him by Muizzu in the future.

"I stand firmly with President Muizzu. I am here to carry out the work he entrusts to me and to advance this party and its ideology," Zameer said.

"I will not disappear from the scene; I will always remain with this party and the productive vision of President Muizzu."

Zameer clarified that his decision to step down as Finance Minister was due to health reasons.

Zameer explained that given the current fragility of the global economy, he did not believe it was right to remain in office while knowing his health condition would prevent him from fulfilling his duties for an extended period.

"In such a situation, I should not hold onto the position if my health requires me to step away for a long time," Zameer said. "That would not be doing right by the party."

In President Muizzu’s inaugural cabinet, Zameer was appointed as the Foreign Minister. During a period of strained relations between India and the Maldives, Zameer played a pivotal role in efforts to mend and strengthen those ties.

He was appointed as Finance Minister on September 30, 2024. During his tenure, he oversaw financial milestones, including the successful repayment of a USD 500 million Sukuk.

Comments

Read More

Latest News

MoU with India to build fitness centres in three islands

The Maldives and India signed an agreement to establish fitness and recreation centres on three islands using Indian grant assistance. Part of the High Impact Community Development Projects, the initiative aims to promote healthy lifestyles and strengthen community ties for residents of all ages.

Pork and alcohol will not be allowed in Rasmale': Muizzu

President Muizzu announced that the Rasmalé development will strictly prohibit alcohol and pork, with these bans to be legally codified. He emphasized that the project aims to attract a Muslim clientele, including Maldivians and foreigners. The 500-hectare site is being sold to a UAE developer under a 99-year lease agreement.

Thalassemia patients continue to face medication shortages

Thalassemia patients in the Maldives are facing a critical six-month shortage of essential medications, forcing many to interrupt vital treatments. The scarcity has worsened under the new state-owned State Pharma, which provides only limited supplies. This crisis also affects those with cancer and mental health conditions nationwide.

Tourist arrivals expected to fall short of previous record

Maldives Finance Minister Hassan Zareer announced that tourist arrivals this year are expected to fall short of previous records and targets. The government revised its year-end estimate to 2.17 million visitors, citing geopolitical tensions as a factor. This decline marks the end of a five-year growth trend for the nation's tourism sector.

Bangladeshi national sentenced to 18 years for knife attack

Jahangir Mia, a Bangladeshi national, was sentenced to 18 years in prison and fined seven million Rufiyaa for a knife attack on a Nepalese cashier in Hulhumalé. The victim survived a neck injury, and the court deducted Mia's time already served from his initial 20-year sentence. He was apprehended within 24 hours of the assault.

MVR 59.7 billion budget proposed for 2027

The Maldives government proposed a MVR 59.7 billion budget for 2027, focusing on increased development spending despite a lower total figure than 2024. While revenue is expected to rise, a MVR 9.4 billion deficit is projected due to higher expenditures. The state plans to secure MVR 18.9 billion in financing to manage debt and costs.

Italy awards highest civilian honour to Mahudhee

Italy is posthumously awarding Staff Sergeant Mohamed Mahudhee the Gold Medal for Civil Valour, its highest civilian honor, for his bravery in a rescue mission for Italian tourists. A fund has also been launched to support his family following his tragic death during the operation.

Newsletter

Get the latest news delivered straight to your inbox