Covid-19
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BusinessMoody’s upgrades Maldives credit rating to Caa1
Moody’s has upgraded the Maldives' credit rating from Caa2 to Caa1 with a stable outlook, citing a reduced risk of default after successful debt payments. While the upgrade restores the rating to previous levels, the agency warns of a rising budget deficit and a high debt-to-GDP ratio that remains above 100 percent.
NewsCOVID-19 pandemic set the Maldives' development back by 15 years
Foreign Minister Iruthisham Adam stated that the COVID-19 pandemic erased a third of the Maldives' GDP, reversing 15 years of development. Speaking at the UN, she called for sustainable financing and equitable medical access for Small Island Developing States to build resilient healthcare systems and prepare for future global health crises.
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"Maldivian people have never been as poor as they are now"
Business
Black market dollar rate hits record MVR 22.10
Business
Black market dollar rate hits MVR 21.80
News
Dr. Ikleel and Dr. Latheef charged with tax fraud
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Two months since COVID-19 corruption case sent back to ACC
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Charges sought against Dr. Ali Latheef and Bandhu Saleem
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"Families died from Covid vaccine"
Report
mRNA pioneer wants to defeat Covid forever
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Anti-Covid drug may have led to virus mutations
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Long Covid linked to multiple organ changes: research
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Global Covid cases up 80% as new subvariant rises
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Solih touts responsible management of covid crisis
Report