2 min read
The ageing population of the Maldives has been in the spotlight over the past couple of years. Previously overlooked, the declining birth rate and the shrinking working-age demographic are now...
2 min read
As the Maldives grapples with its escalating debt situation, the financial management and performance of state-owned enterprises (SOEs) have come under intense scrutiny. In 2024, evaluating the loss and profitability...
2 min read
ADK Hospital has raised significant concerns over delayed payments from Aasandha and the National Social Protection Agency (NSPA), with the unpaid amounts exceeding MVR 100 million for several days. The...
1 min read
Over the past few years, the Maldives has been working towards debt reduction measures amid rising internal and external debt, raising concerns of an economic collapse similar to Sri Lanka's....
1 min read
In recent years, the Maldives' economy has grappled with increasing debt and decreased revenues, a situation exacerbated by the COVID-19 pandemic. The nation faced significant financial challenges, raising concerns about...
3 min read
It is no secret that the Maldives has been grappling with a debt situation that has been worsening over the past few years. The worsening situation took centerstage on local...
2 min read
As a new administration has been elected in the Maldives, one of the biggest tasks that the newly elected president Mohamed Muizz and his team would have to take on...
2 min read
The Government of Maldives and the World Bank on 18 June 2023 have signed two agreements totalling USD67.8 million (approximately MVR1 billion) to support critical reforms to state-owned enterprises (SOEs),...
3 min read
Keeping expenditure in check, and long-term oriented fiscal reforms have never been on the agenda of the Solih administration, as evidenced from the most recent 2023 fiscal numbers. With increased...