Economy

108 articles

Latest

"Maldivian people have never been as poor as they are now"

Former Finance Minister Ibrahim Ameer claims Maldivians are facing unprecedented poverty, with citizens becoming 30-40% poorer under the current government. He highlighted skyrocketing costs for essential goods and the bankruptcy of local businesses. Despite public outcry over inflation, the government has faced criticism for its response.

2 weeks ago

Business

Gross reserves decline, usable reserves see improvement

The Maldives' usable reserves rose to $252.5 million in May despite a decline in gross reserves to $704.7 million. This growth was driven by reduced short-term debt, even as dollar revenue fell below $100 million due to slowing tourism. The recovery follows a dip from a previous sukuk repayment.

3 months ago

Business

Latest

"Maldivian people have never been as poor as they are now"

Gross reserves decline, usable reserves see improvement

IMF projects economic growth to slow down to one percent

Nasheed warns on spending amid revenue drop

"Maldives will not face a shortage of basic food, oil and gas"

Duty exemption for 15 years for investments above MVR 1.5 billion

"Sukuk payment could empty reserves and endanger sovereignty"

Yameen gives this government 20 marks out of 100

"Maldives will lose an advantage with Google project"

"Major risks remain despite temporary improvements"

"Economy will grow by more than five percent"

MMA says economic growth can be maintained

Projects to be awarded without bidding in world record attempt

International Input-Output Association's Conference underway

"Govt policies will result in the collapse of the economy"

Criticism after minister celebrates canning of tuna in China

World Bank raises GDP forecast amid tourism surge

Maldives sukuk falls to all-time low

Trump announces 10 percent tariff on Maldivian imports

China FTA is not beneficial to Maldives: Nasheed