Mohamed Saeed
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Business"No obstacles to conducting online transactions now"
Economic Minister Mohamed Saeed announced that Bank of Maldives has resolved previous obstacles to online transactions and e-commerce caused by the dollar shortage. The bank is also working to restore full capacity for telegraphic transfers and foreign currency issuance as the government manages unprecedented debt repayment obligations.
BusinessList of essential commodities expanded from 26 to 80
The Maldives has expanded its list of essential commodities from 26 to 80 items to ensure lower market prices nationwide. The new list includes more fruits, vegetables, and supplies for infants and the elderly. These goods will be distributed by the State Trading Organisation to reach citizens across all atolls and cities.