WEF Roundtable Highlights Strategies Maldives Can Tap for Economic Resilience
At a time of growing uncertainty in global trade, supply chains and investment flows, the World Economic Forum’s inaugural Resilience Leaders’ Roundtable,...
Maldives Budget Surplus Sustained by Longstanding Capital Spending Shortfalls
The Government of Maldives has recorded a budget surplus of MVR 628.2 million as of 26 June 2025, according to the Ministry...
Market Rebounds on Maldives Sukuk Amid Stronger Liquidity, But Risks Persist
The price of the Maldives’ sovereign Sukuk has risen sharply, from approximately USD 64.7 in early April 2025 to USD 87.5 on...
Personal Loans Surge as Private Sector Credit Growth Slows
The Maldives Monetary Authority’s (MMA) Economic Update for June 2025 paints a mixed picture of the country’s monetary environment, with broad money...
Maldives Sees Modest Inflation Rise in May, Driven by Electricity and Food Prices
Inflation in the Maldives edged up in May 2025, with the Consumer Price Index (CPI) rising by 0.48 percent compared to April....
MMA Report: Resort Tourism Dips Even as Tourist Arrivals Surge in May
Tourist arrivals to the Maldives rose by 13 percent in May 2025 compared to the same period last year, according to the...
Diversifying Dollar Access: MIB’s Untapped Potential to Serve Maldivians
For years, the Bank of Maldives (BML) has carried the burden of being the country’s primary source of US dollar services for...
Gov’t Spending Trails Behind Revenue as Maldives Posts MVR 1.36 Billion Surplus
The Maldives recorded a budget surplus of MVR 1.36 billion as of 19 June 2025, despite subdued government spending on capital projects....
World Bank Calls for Radical Transparency to Prevent Debt Crises in Developing Countries
A new World Bank report warns that opaque debt practices are endangering the financial stability of many developing countries and calls for...
Maldives Posts MVR 1.3 Billion Surplus Amidst Weak Capital Expenditure
The latest Weekly Fiscal Developments report by the Ministry of Finance shows a striking divergence between rising government revenue and sluggish expenditure,...
VP Urges All Maldivians to Contribute to Economic Transformation
Vice President Hussain Mohamed Latheef has called on all Maldivians to actively contribute to rebuilding a strong, resilient national economy. He made...
Global Economic Outlook Highlights Risk Factors for Small Island States
The latest Global Economic Prospects (GEP) report by the World Bank, published in June 2025, presents a cautious outlook for the global...
Fitch Maintains Maldives’ ‘CC’ Rating
Fitch Ratings has reaffirmed the Maldives’ Long-Term Foreign-Currency Issuer Default Rating (IDR) at ‘CC’ as of 12 June 2025, warning that a...
Tourism Revenues Fuel Fiscal Surplus, But Development Spending Falls Short
The Maldivian government has reported a fiscal surplus of MVR 1.1 billion for the year to date as of 5 June 2025,...
Minister Urges Reforms to Boost State Revenue from Maritime Activities in EEZ
Minister of Transport and Civil Aviation Mohamed Ameen has emphasised the need for the state to benefit more directly from maritime activities...
Tourism Prices Surge in Q1 2025 as Maldives’ Resort Sector Leads Growth
The Maldives' tourism industry recorded notable momentum in the first quarter of 2025, with the resort sector leading price growth among all...
Strong Tourism Revenue Drives Fiscal Surplus, But Development Spending Lags Behind
The Maldives’ fiscal position appears stable, with the Ministry of Finance reporting a surplus of MVR 1,223.6 million as of 29 May...
MMA Reaffirms Commitment to Transparent Licensing Amid Unverified Claims
The Maldives Monetary Authority (MMA) has confirmed that it recently issued pre-operational permits to two parties in full compliance with established regulations....
Government Launches Second Phase of “Fashaa Madhadhu Loan” to Empower More Women Entrepreneurs
The Ministry of Social and Family Development has announced the opening of applications for the second phase of the “Fashaa Madhadhu Loan”...
Transition to ‘Tradian’ Trade Platform Delayed Until Further Notice
The Ministry of Economic Development and Trade announced today a delay in the full transition to the “Tradian” platform—the Maldives’ first National...
April 2025 Economic Update: Moderate Growth, Evolving Tourism Trends, and Rising Inflation
The Maldives' economic performance in the fourth quarter of 2024 and the first quarter of 2025 reflects a period of moderated growth,...
Government Receives Only 3.6% of Projected Foreign Grants in First Five Months of 2025
The Ministry of Finance has revealed that the Maldivian government collected just 3.6 percent of its projected foreign grants for 2025 during...
Ministry of Economic Development and UNDP Sign MoU to Boost Maldivian Export Development
The Ministry of Economic Development and Trade (MEDT) signed a Memorandum of Understanding (MoU) with the United Nations Development Programme (UNDP) yesterday,...
MMA Grants Pre-Operational Approval to Two New Banks to Boost Financial Sector
The Maldives Monetary Authority (MMA) has granted pre-operational approval to two new banking institutions as part of its efforts to strengthen and...
LATEST ARTICLES
FTA Negotiations to Commence Between Maldives and India
The governments of the Maldives and India have formally agreed to commence negotiations on a Free Trade Agreement (FTA), marking a significant...
Maldives to Link Favara with India’s UPI to Ease Cross-Border Payments
The Maldives Monetary Authority (MMA) has signed an agreement with NPCI International Payments Limited (NIPL) to connect Favara, the Maldives’ national instant...
First National Finance Corporation Appointed as Investment Advisor to Rainbow Construction
Rainbow Construction Pvt Ltd has appointed First National Finance Corporation as its Investment Advisor, marking the company’s first step into raising capital...
Maldivian Simplifies Booking Process, Removes ID Upload Requirement
Starting 1st August 2025, passengers travelling with Maldivian, the national airline of the Maldives, will no longer need to upload or present...
PM Modi’s State Visit Marks New Chapter in Maldives–India Relations
Prime Minister Narendra Modi arrived in the Maldives on Friday for a state visit, his first trip to the country since beginning...
