2024 Report: Treasury Bills Drive Surge in Domestic Debt Holdings
The Maldives Monetary Authority’s (MMA) Annual Report for 2024 paints a concerning picture of the country’s fiscal landscape, with public debt...
MMA Annual Report 2024: Economy Grew 5.1%, Driven by Tourism and Services
The Maldives Monetary Authority (MMA) has released its Annual Report for 2024, offering a comprehensive snapshot of the country’s economic performance...
Maldives Records Budget Surplus but Investment Lags Behind in Q1 2025
The Ministry of Finance's latest Weekly Fiscal Developments report, published on 30 April 2025, reveals that the Maldives is in a fiscal surplus...
Maldives Sees Monthly Price Drop in March; Food Costs Continue to Rise
Consumer prices in the Maldives fell by 0.69 percent in March 2025 compared to February 2025, according to the latest Consumer...
World Bank’s ‘Taxing Times’ Report Warns of Mounting Vulnerabilities Across South Asia
The latest World Bank report, Taxing Times: South Asia Development Update (April 2025), paints a mixed outlook for the Maldives and the...
Maldives Bets Big on VIA, Will It Be Enough?
The World Bank has projected a slight improvement in the Maldives' medium-term economic outlook, driven by expectations surrounding the upcoming completion...
World Bank: Maldives’ Growth Resilient, But Debt and Deficit Risks Loom Large
The World Bank has published the latest Maldives Development Update (MDU), providing a thorough snapshot of the country's economic landscape as of April...
Gov’t Surplus Masks Deeper Woes in Infrastructure Rollout
The Maldivian government recorded a fiscal surplus of MVR 2.2 billion as of 17 April 2025, buoyed by higher-than-expected revenue collections....
Maldives Records 4.7 percent Annual GDP Rise as February Output Dips
The Maldives Bureau of Statistics released its Monthly Indicators of Economic Growth for February 2025, revealing that real GDP reached MVR 9,542 million...
SOE Dividends Triple in a Year, But Real Value Remains Unclear
State-Owned Enterprises (SOEs) in the Maldives have significantly increased their dividend contributions to the state, with figures for 2025 so far...
Tourism Continues to Power Fiscal Gains
The latest Weekly Fiscal Developments report by the Ministry of Finance reveals a strong fiscal position for the Maldives, with a...
Delayed Infrastructure Projects Lead to MVR 1.18B Budget Surplus
The Government of Maldives recorded a fiscal surplus of MVR 1.18 billion by 20 March 2025, driven primarily by strong revenue...
Liquidity Improves Domestically, but External Pressures Persist
The latest economic update by the Maldives Monetary Authority (MMA) for March 2025 points to mixed developments in the country’s monetary...
March Revenue Hits MVR 3.38 Billion with Strong Tax Collections
The Maldives Inland Revenue Authority (MIRA) reported a total revenue collection of MVR 3.38 billion for March 2025, marking a 15.1%...
Foreign Currency Assets Drop as MMA’s Financial Position Slips Slightly in March
The Maldives Monetary Authority (MMA) has reported a marginal decline in its total assets in March 2025 compared to the previous...
Q4 Data Shows Maldives Economy Grew 3% Year-on-Year, Driven by Tourism
The Maldivian economy grew by 3.0 percent in the final quarter of 2024 compared to the same period in 2023, according...
Restaurant and Hotel Prices Surge Nearly 30 Percent Year-on-Year in Maldives
Prices in the restaurant and accommodation sector have risen by nearly 30 per cent over the past year, according to the...
President Hails Rise in Dollar Remittances, Says USD 150M Sent to Banks Since January
President Dr Mohamed Muizzu has revealed that USD 150 million has been remitted to local banks since January under the new...
CPI Rises 0.27% in February as Utilities and Telecoms See Price Hikes
The Maldives’ Consumer Price Index (CPI) rose by 0.27% in February 2025 compared to the previous month, showing a slight easing...
Budget Surplus Hides Growing Debt Strain and Investment Cuts
The Maldives’ latest fiscal report shows an encouraging trend in government finances, with revenue exceeding expenditure, resulting in a budget surplus...
Maldives Reports MVR 1.46 Billion Surplus in Latest Fiscal Update
The Maldives government reported a surplus of MVR 1,459.1 million as of 6th March 2025, according to the latest Weekly Fiscal Developments...
February Revenue Up by 5.4% Year-on-Year Driven by Lease Extension Fees and Income Tax
Revenue collections for the Maldives have shown positive growth in February 2025, reaching a total of MVR 2.47 billion. This represents a...
Construction Sector Growth Driven by Real Estate Projects in Q4 2024
The Maldives’ construction sector maintained steady growth in the final quarter of 2024, supported by rising bank credit and sustained real estate...
Financial Sector Maintains Healthy Growth as Maldives Banks and Insurers Post Robust Results
The financial sector of the Maldives displayed continued strength and stability in the fourth quarter of 2024, according to the latest Quarterly...
LATEST ARTICLES
Is the Maldives’ Fiscal Surplus a Sign of Discipline or Delay?
The Ministry of Finance reported a primary surplus of MVR 3.2 billion for the first four months of 2025, a figure...
MVR 15.9 Million Issued in Agriculture Loans Under Government Scheme
The Ministry of Agriculture and Animal Welfare has revealed that a total of MVR 15.9 million has been disbursed in agricultural...
Maldives and Japan Sign Defence Agreement to Boost Maritime Security
Japan has committed to enhancing maritime security in the Maldives through the provision of two harbour crafts to the Maldives National...
Parliamentary Committee Backs Asna Hamdi for Deputy Governor Role at MMA
The Parliamentary Public Accounts Committee has recommended the appointment of Aishath Asna Hamdi as the new Deputy Governor of the Maldives...
Maldives Launches MVR 250M Islamic Social Finance Initiative
A new social financing initiative focused on expanding Islamic Finance and addressing community needs was officially launched in the Maldives on...
