Maldives Q4 2024 PPI: Tourism and Construction Surge, Utilities Decline
The Maldives Bureau of Statistics has released the Producer Price Index (PPI) for the fourth quarter of 2024, revealing varied trends across...
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...
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...
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...
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...
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...
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...
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...
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....
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...
USD 214 Million Converted Through Banks Since January, Says President
President Dr Mohamed Muizzu has reported that USD 214 million has been exchanged through local banks since the enforcement of the...
Green and Departure Tax Revenues Surge in Early 2025
Revenues from the Maldives’ Green Tax and Departure Tax have risen significantly in the first four and a half months of...
Moody’s Flags Lingering Debt and Liquidity Risks in Latest Review of Maldives’ Credit Rating
Moody’s Ratings has completed its periodic review of the Maldives’ credit rating, maintaining its Caa2 long-term issuer rating with a negative...
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...
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...
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...
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...
Subsidies Down 21% in 2025 Amid Fiscal Surplus
Government expenditure on subsidies saw a significant decline in 2025, with spending falling to MVR 1.09 billion as of 8 May,...
Tourism Boost Supports Maldives Economy Despite Challenges in Q4 2024
The Maldivian economy experienced mixed outcomes during the fourth quarter of 2024, marked by robust growth in the tourism sector despite a...
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...
February 2025 Economic Update: An Overview of Growth, Inflation, and Public Debt
The Maldivian economy recorded a 6.5% real GDP growth in the third quarter of 2024, marking an acceleration from the 4.1% growth observed in the second...
World Bank Flags USD 1B Debt Risk for Maldives in 2025
The Maldives will face an external debt servicing requirement of USD 1 billion this year, according to the World Bank’s Maldives Development...
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...
Green Tax Haul Doubles in April After Rate Hike
Green Tax revenues for April 2025 more than doubled compared to the same period last year, according to the latest figures...
LATEST ARTICLES
Tekkers Dhiraagu Resort Cup 2025 Kicks Off at CROSSROADS Maldives
The Tekkers Dhiraagu Resort Cup 2025 officially kicked off today at The Marina at CROSSROADS Maldives, bringing together resort teams from across...
Final Day to Register for Ooredoo Fun Run 2025 in Addu City
Today marks the final opportunity for residents of Addu City and beyond to register for one of the country’s most eagerly anticipated...
Indian High Commission Event Promotes Voluntary Blood Donation on World Blood Donor Day
The Indian High Commission in Maldives organised a blood donation camp on Saturday to commemorate World Blood Donor Day, encouraging voluntary donation...
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...
Ocean Diplomacy: Maldives Engages Global Forum for Sustainable Marine Use
Speaking to the media after the conclusion of the 3rd United Nations Ocean Conference held in Nice, France, the Minister of Tourism...
