World Bank
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ReportWho is watching our dollars? A question for the regulator
Bank of Maldives customers face severe dollar shortages and withdrawal limits, raising concerns about the bank's liquidity. While the bank cites unsustainable outflows, the public is questioning the Maldives Monetary Authority’s silence. As a regulator, the MMA is expected to provide transparency and ensure the banking system remains stable.
NewsFormer official warns USD could hit MVR 30
Former official Ahmed Zuhoor warns the US dollar could hit MVR 30 if the Maldives government fails to curb wasteful spending. To resolve the foreign currency crisis, he recommends slashing the state budget by 40 percent. Zuhoor blames the ongoing shortage on the irresponsibility of successive governments and current fiscal policies.
Business
ADB approves USD 50 million loan for Maldives' oil imports
Business
Govt takes USD 80 million in loans for fuel imports and harbors
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Kulhudhuffushi contractor asked to fix excavated roads
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USD 100mn loan to cover costs due to rising oil prices
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"Maldives failed to get USD 33.7 million from the World Bank"
Business
"Major risks remain despite temporary improvements"
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World Bank raises GDP forecast amid tourism surge
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Thimaaveshi boat in need of repairs again
Business
Outstanding debt this year reaches USD 1 billion
Business
World Bank appoints new Country Director for Maldives region
Business
"Fiscal reforms will begin at the best time"
Business
"Fiscal reform agenda necessary for sustainable growth"
Business
“Guesthouses not to blame for GDP decline”
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Four years wasted from 12 years of schooling: study
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World Bank and IMF accept govt policy: Muizzu
Business
World Bank concerned over Maldives economy
Business
South Asia's growth not fast enough for development
Business