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NewsMP Shamheed joins MDP presidential primary race
MP Ahmed Shamheed has announced his bid for the MDP presidential primary, fulfilling a campaign promise to his constituents. The former Transport Minister joins a competitive field that includes Fayyaz Ismail and Abdulla Shahid. Shamheed, who holds a PhD in Civil Engineering, officially entered the race via his new podcast trailer.
News"Changes to Foreign Exchange Act could lead to economic collapse"
MP Ahmed Shamheed warns that proposed Foreign Exchange Act amendments could cause business bankruptcies and halt imports by tightening dollar liquidity. He also criticized the bill for violating press freedom and being passed without expert advice, specifically targeting a ban on reporting black market exchange rates.