Liquidity Spike and Dollar Outflows Prompt Central Bank Intervention
The Maldives Monetary Authority (MMA) has announced a series of monetary tightening measures aimed at…
Section
Economy
Surplus Story Cracks Under Pressure of Stalled Capital Spending
The Maldives has recorded a budget surplus of MVR 314.3 million as of 31 July…
Tourism Sector Contracts Sharply in Q2, But Signs Point to Gradual Recovery Ahead
The Maldives’ tourism sector experienced a significant slowdown in the second quarter of 2025, with…
July Economic Update Reveals Divergence Between Recurrent Spending and Reserve Growth
The latest Economic Update by the Maldives Monetary Authority (MMA) shows signs of persistent pressure…
MMA Report Shows Easing Inflation, But Food and Dining Costs Still Rising
The Maldives recorded an inflation rate of 3.8 percent in June 2025, a notable drop…
Real GDP Growth Improves, but MMA Forecasts Trimmed for 2025
Maldives’ real economy showed signs of modest acceleration in the first quarter of 2025, with…
Maldives Maintains Budget Surplus as Development Spending Stagnates
The Maldives recorded a budget surplus of MVR 1.05 billion as of 17 July 2025,…
Tax Revenue Rises Despite Decline in Business and Import Duties
The Maldives recorded MVR 15.35 billion in tax revenue by 10 July 2025, showing continued…
Maldives’ Capital Expenditure Declines 63% Year-on-Year
Capital expenditure by the Maldivian government has sharply decreased as of 10 July 2025, highlighting…
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…
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…
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…
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…
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)…
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…
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…
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,…
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…
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…
VP Urges All Maldivians to Contribute to Economic Transformation
Vice President Hussain Mohamed Latheef has called on all Maldivians to actively contribute to rebuilding…
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,…
Fitch Maintains Maldives’ ‘CC’ Rating
Fitch Ratings has reaffirmed the Maldives’ Long-Term Foreign-Currency Issuer Default Rating (IDR) at ‘CC’ as…
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…
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…