Prices
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News"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.
BusinessPrices surge by 6 percent for essential food items
Essential food and commodity prices in the Maldives rose by 6.07% year-on-year this July, driven largely by a 14.54% spike in fuel and gas costs. While annual inflation remains high, monthly data showed a slight 1.27% dip due to falling vegetable prices. The opposition MDP plans to protest the rising cost of living on August 13.
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Business
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MIFCO reverses canned tuna price hike hours after implementation
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MIFCO raises tuna can prices after elections despite government assurance
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Maldives faces cement shortage
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Island cargo boats raise fees
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STO increases petrol and diesel prices
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Inflation hits 13-year high in 2025
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Local market prices rise at start of Ramadan
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STO to import 23 items as basic commodities
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Inflation in basic commodities rise to 1.9 percent
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Onion shipment from India to address shortage
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