5 min read
On 9 August 2021, Minister of Finance Ibrahim Ameer announced the decision to avail a further USD30 million from the International Monetary Fund (IMF), in addition to the USD28.9 million...
3 min read
Minister of Finance Ibrahim Ameer inherited a public finance machinery, based on consistent fiscal deficits year-on-year, despite past finance ministers having been technocrats like him. President Solih was sworn-in on...
4 min read
The Maldives debt as a percentage of Gross Domestic Product (GDP) in 2016 was at 67 percent, increasing to 78 percent in 2019. It was at 149 percent by the...
4 min read
This is part three of a three part exploration of the Maldives' Macroeconomic stability and growth. For part one on macroeconomic stability and long-term growth, click here. For part two...
7 min read
On 25 April 2021 ,the Maldivian parliament, just one day prior to the maturity of an overdraft of MVR4.4 billion [USD285 million]taken by the Solih administration from the Maldives Monetary...
7 min read
President Ibrahim Mohamed Solih, in his presidential address on 7 February 2019, stated that his Administration aims to raise the foreign currency reserves to USD1 billion by the end of...
