Hassan Zareer

11 articles

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Tourist arrivals expected to fall short of previous record

Maldives Finance Minister Hassan Zareer announced that tourist arrivals this year are expected to fall short of previous records and targets. The government revised its year-end estimate to 2.17 million visitors, citing geopolitical tensions as a factor. This decline marks the end of a five-year growth trend for the nation's tourism sector.

16 hours ago

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MVR 59.7 billion budget proposed for 2027

The Maldives government proposed a MVR 59.7 billion budget for 2027, focusing on increased development spending despite a lower total figure than 2024. While revenue is expected to rise, a MVR 9.4 billion deficit is projected due to higher expenditures. The state plans to secure MVR 18.9 billion in financing to manage debt and costs.

17 hours ago

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Latest

Tourist arrivals expected to fall short of previous record

MVR 59.7 billion budget proposed for 2027

Government slashes MVR 74 million from Male' City Council

India rolls over 30 billion rupee currency swap

Authorities meet with tourism industry stakeholders

Rasmale' deal: Ministers provide conflicting figures on revenue

Reserves are low, will "greatly improve" in six months: Muizzu

Rasmale' deal grants foreign owners indefinite control over land

Rasmalé to be given for 99 years against Muizzu's promise

State will bear no costs on housing units by Abu Dhabi developer

What kind of agreement was signed with Eagle Hills