Former President Mohamed Nasheed is set to propose a resolution to the Maldivian Democratic Party (MDP) National Council tonight, calling for a series of direct actions until President Mohamed Muizzu resigns from office.
Adhadhu understands that the resolution, to be submitted by MDP Chairperson Nasheed, demands that Muizzu cease his "irresponsible" actions. It further stipulates that the party will initiate continuous direct action if the President fails to engage in dialogue with the MDP to resolve the country’s economic and financial challenges.
"The Maldivian Democratic Party once again calls upon President Dr. Mohamed Muizzu to stop the irresponsible measures being taken by the government at a time when the Maldivian economy is so fragile, and to come to the table with this party to resolve the nation's economic and financial issues," the resolution stated.
"Furthermore, if he is unwilling to resolve matters through this path, this party shall carry out various forms of direct action until President Dr. Mohamed Muizzu resigns from office."
The resolution also calls on businesses to provide financial and other forms of support for the MDP's planned series of direct actions.
In a message sent to the MDP National Council’s WhatsApp group, Nasheed requested as many members as possible to support the resolution.
The resolution states that the MDP foresees numerous adverse consequences resulting from the "flawed" economic and financial policies being implemented by Muizzu. Specifically, it highlights the negative impacts of the mandate requiring resorts to convert 40 percent of their foreign currency earnings into Maldivian Rufiyaa.
"The most important step to increase the dollar inflow into the Maldives is to bolster investor confidence in the government's financial and economic policies; it is vital that businesses have full assurance that keeping their funds in the Maldives will not result in losses," Nasheed’s resolution read.
Additionally, the resolution noted that while the most effective way to stabilize the dollar and lower the cost of living is to reduce the state's foreign currency debt obligations, the government has failed to achieve this.
