Maldives Financial Review - Financial, Industry, Public and International

International Sector

United States Government imposes santions on the International Criminal Court

In a press statement published on 09 October 2026 by Maro Rubio, the Secretary of State, the US Government stated that President Trump will 'never allow the International Criminal Court to prosecute Americans'.

The United States Government has published a statement imposing sanctions on the International Criminal Court (ICC).

2 min read

Banking

BML Bank Fund-supported mental health programme reaches hundreds in Hulhumalé

Bank of Maldives (BML) has supported the Maldivian Nurses Association (MNA) to deliver the Zaytun mental health rehabilitation programme in Hulhumalé Phase 2 through the BML Bank Fund.

less than a min read

Public Sector

President establishes Government Services Centres

President Dr Mohamed Muizzu has established Government Services Centres through a Directive (No. 16/2026) issued on 08 October 2026.

1 min read

Public Sector

MACL conducts 2nd LRST meeting of 2026

On 01 October 2026, the Maldives Airports Company Ltd (MACL) successfully conducted the 2nd Local Runway Safety Team (LRST) Meeting of 2026.

less than a min read

Public Sector

Maldives and Kenya Sign MoU on Political Consultations

The Government of the Republic of Maldives and the Government of the Republic of Kenya have signed a Memorandum of Understanding (MoU) on Political Consultations, further strengthening the friendly relations...

1 min read

Public Sector

Foreign Minister Iruthisham urges sustainable financing for resilient health systems for SIDS at the UN High-Level Meeting on Pandemic Preparedness

The Minister of Foreign Affairs Iruthisham Adam, delivered remarks at the High-Level Meeting on Pandemic Prevention, Preparedness and Response (PPPR), held during the 81st session High-level Week of the United...

1 min read

Gross domestic product (GDP)	2021	2020	2019
Real GDP growth rate %	13.5%	-29.3%	7.0%
Nominal GDP (MVR) Millions of MVR	66,371.9	57,941.6	86,787.9
Nominal GDP (USD) Millions of USD	4,304.3	3,757.6	5,628.3
Nominal GDP per capita USD	7,573	6,741	10,541

Tourism Sector	2020	2019
Total tourist arrivals thousands	555.5	1703
Tourist bednights thousands	3,985	10,689
Occupancy rate %	26%	62%
Average stay days	18.5	6.3

Maldives National Debt 94,001,001,001.00 MVR for every single Maldivian

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More From The Latest Edition

Public Sector

MACL holds 19th Airport Emergency Committee Meeting

less than a min read

On 29 September 2026, the Maldives Airports Company Ltd (MACL) convened the 19th Airport Emergency Committee Meeting.

Public Sector

The Maldives and Croatia sign MoU on Political Consultations

1 min read

On 24 September 2026, the Government of the Republic of Maldives and the Government of the Republic of Croatia have signed a Memorandum of Understanding (MoU) on Political Consultations. The...

Public Sector

Maldives and Angola sign two MoUs to advance bilateral relations

1 min read

The Government of the Republic of Maldives and the Government of the Republic of Angola signed two Memorandum of Understanding on the sidelines of the High-Level Week of the 81st...

Financial Sector

MMA Opens FinLit Fest financial futures essay competition

1 min read

The Maldives Monetary Authority (MMA) has opened submissions for the FinLit Fest Financial Futures Essay Competition, aimed at encouraging secondary and higher secondary school students to explore financial issues and...

Financial Sector

The Three Generation Walk 2026 is set to be held in Hdh. Hanimaadhoo

1 min read

The 4th edition of the Three Generation Walk (3GenWalk), organised by Pension Office, is set to be held on 17 October 2026 in HDh. Hanimaadhoo.

Financial Sector

MMA opens FinLit Fest 2026 Money Matters Art Competition

1 min read

The Maldives Monetary Authority (MMA) has opened the Money Matters Art Competition as part of MMA FinLit Fest 2026, inviting students across the Maldives to explore money and finance through...

Banking

BML implements monthly USD cash withdrawal limit per customer at ATMs

1 min read

Bank of Maldives (BML) has reaffirmed its commitment to building a digital-first banking experience for the Maldives, as part of which a monthly USD ATM withdrawal limit of USD 3,500...

Public Sector

President establishes State-owned Enterprise National Exchange Limited

1 min read

President Dr Mohamed Muizzu has established a State-owned Enterprise named National Exchange Limited.

Financial Sector

State revenue goes up by 5.1% due to higher resort rent and TGST

2 min read

 According to the latest weekly fiscal report from the Ministry of Finance and Public Enterprises, the state got MVR 30.205 billion in revenue and grants by September 24, 2026. That's...

Travel & Tourism

Kuda Villingili Resort was highly commended for the best long-haul family stay at the Family Traveller Awards 2026

3 min read

Kuda Villingili Resort Maldives has been named Highly Commended for Best Long-Haul Family Stay in the Family Traveller Awards 2026, recognising the resort’s thoughtful approach to family and multigenerational travel, where...

Public Sector

MWSC showroom launches special promotions as part of its 10th anniversary celebrations

1 min read

In a move to celebrate its 10th anniversary, the Malé Water and Sewerage Company (MWSC) showroom has launched special promotions.

Public Sector

The Maldives and Belarus sign Agreement on Mutual Exemption on Visas

1 min read

The Government of the Republic of Maldives and the Government of the Republic of Belarus signed the Agreement on Mutual Exemption of Visas, on the sidelines of the High-Level Week...