In their statement, the Ministry noted that it is coordinating with relevant state institutions to evaluate emerging risks and to prepare immediate response measures where necessary.
Corporate Maldives
On 1 March 2026, the Ministry of Foreign Affairs of the Maldives issued an official statement addressing the ongoing unrest in parts of the Middle East, outlining potential economic implications for the Maldives and the Government’s preparedness measures.
In its statement, the Ministry confirmed that it is closely monitoring global developments and assessing possible financial and economic impacts on the Maldives. It noted that it is coordinating with relevant state institutions to evaluate emerging risks and to prepare immediate response measures where necessary.
A key concern highlighted in the statement is the security of oil supply. The Maldives relies entirely on imported fuel, with a significant portion routed through regional suppliers, including Oman. The Ministry stated that it is working in coordination with the State Trading Organisation (STO) to identify potential disruptions to the fuel supply chain and to ensure the uninterrupted availability of petroleum products in the country.
Recognising that the Maldivian economy is heavily dependent on tourism, the Ministry further acknowledged that instability in the Middle East could have spillover effects on global travel patterns and international transportation networks. It confirmed that authorities are actively monitoring potential impacts on tourist arrivals and air connectivity.
The statement also noted that, following ongoing evaluations, the Government stands ready to implement appropriate fiscal policy adjustments if required to safeguard macroeconomic stability and ensure the continuity of essential public services.
According to the latest data released by the Maldives Monetary Authority (MMA), the country’s official reserves remain at historically high levels as of early 2026. The Ministry reported that the reserve position is expected to provide a buffer against external shocks, support the financing of essential imports, and strengthen the Government’s capacity to respond to adverse global developments
