Food Prices Drive August Rise in Essential Commodity Inflation
The Maldives Bureau of Statistics reported that the Essential Commodities Price Index (ECPI) for Malé…
Section
Economy
Maldives’ Public Debt Reaches MVR 148.9 Billion in Q2 2025
The Ministry of Finance and Planning’s latest Debt Bulletin shows public and publicly guaranteed (PPG)…
MMA Reports Decline in Reserve Money, Growth in Private Sector Credit
The Maldives’ monetary landscape in July 2025 revealed mixed signals, with reserve money contracting while…
Badhuruddheen Hassan Appointed Managing Director of SDFC Following Transition to BML Subsidiary
Badhuruddheen Hassan has been appointed as the new Managing Director of the SME Development Finance…
Weak Capital Expenditure Drives Fiscal Surplus of MVR 534 Million
Government finances showed a surplus of MVR 534.6 million by the end of August 2025,…
Inflation Steady at 4% in July as Tobacco and Food Costs Dominate
The rate of inflation in the Maldives remained unchanged at 4% in July 2025, according…
Maldives Economic Growth Steady but Slower Than Expected in 2025
The Maldives economy recorded modest growth in the first quarter of 2025, while key sectors…
Inflation Slows in July as Food Prices Edge Up, Transport Costs Fall
Inflation in the Maldives slowed slightly in July, with the Consumer Price Index (CPI) for…
Maldives Records USD 13.2 Billion in Remittances, While Expatriates Sent USD 143 Million Abroad in 2024
Remittances continued to be a major feature of the Maldivian financial landscape in 2024, with…
Gov’t Finances Post Surplus in June as Revenue Outpaces Spending
The Ministry of Finance and Planning has reported that government finances turned to surplus in…
Services Sector Felt Biggest Price Rise After 2023 Tax Increase, Study Shows
A new study by the Maldives Monetary Authority (MMA) has found that the January 2023…
Maldives’ July Revenue Beats Projections on Strong Corporate and Tourism Earnings
State revenue in July 2025 reached MVR 3.39 billion, up 15.4% compared to the same…
Transport and Communication Sector Sees Q2 Slowdown, but Optimism Builds for Q3
The Maldives’ transport and communication sector saw a notable slowdown in the second quarter of…
MMA Survey Shows Retail Sector Facing Higher Costs and Potential Price Rises
The Maldives’ wholesale and retail trade sector had a mixed performance between April and June…
July ECPI Data Shows Price Rises for Coffee, Fruits, and Vegetables
The cost of essential goods in Malé rose by 2.7% in July 2025 compared to…
Construction Sector Shows Strong Rebound in Q2 2025, but Financial Concerns Persist
The construction industry staged a strong recovery in the second quarter of 2025, ending a…
Liquidity Spike and Dollar Outflows Prompt Central Bank Intervention
The Maldives Monetary Authority (MMA) has announced a series of monetary tightening measures aimed at…
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…