Ahmed Munawar
5 articles
Latest
NewsSome companies used black market profits to fund payrolls: Saeed
Economic Minister Mohamed Saeed alleges that large companies are using massive black market dollar profits to fund their entire payrolls. He claims these businesses artificially manipulate exchange rates, driving up the cost of living. The government is now cracking down on these illicit activities to restore market stability.
NewsCalls for Muizzu’s resignation as dollar crisis worsens
President Muizzu faces growing calls for resignation as the Maldives' dollar shortage worsens. Public anger has peaked over proposed bans on dollar-denominated salaries and policies forcing currency exchanges at official rates. Citizens and social media users warn that the economic burden and lack of relief have become unbearable.
