Finance Minister Hassan Zareer
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NewsExclusive: Maldives sought extension on $50M India debt
The Maldives government requested a further extension to repay a final $50 million debt installment to India, but the request was denied. Despite the refusal, the Maldives settled the payment last week using its Sovereign Development Fund. This follows previous rollovers and a $50 million grant provided by India earlier this year.
NewsUSD 1.5 billion framework agreement signed with ITFC
The Maldives and the ITFC signed a $1.5 billion five-year framework agreement to provide trade financing for essential imports and export expansion. The funds will support state-owned enterprises and private businesses through local banks. This deal builds on a long-term partnership that has provided $3.3 billion in aid since 2008.
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Finance Minister Zareer denies political dismissals in SOEs
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Government begins installment payments to small businesses
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Muizzu blames ministers for stalled projects
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Finance Minister Zareer appointed President of LGA
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Tax Commissioner Hassan Zareer appointed Finance Minister
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