Public Sector

COVID-19 funding and expenditure

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...

The Moody's downgrade

5 min read
Since 1909, Moody’s has been a key component in the surveillance of the capital market, with humble beginnings in the American Stock Exchange. The entirety of their work is to...

The India-Maldives dynamic

5 min read
India and Maldives have been for generations nigh inseparable. Yet today, the people of the Maldives seem to be of the opinion that this relationship is entirely one sided. As...

The Ameer Doctrine

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...

The Malé City disconnect

4 min read
Discussing Malé City feels almost like an enigmatic tennis match. On one hand, the severity of the congestion is undeniable, with traffic a constant conundrum and the detrimental disparity of...

Did we learn from COVID-19?

4 min read
Right before the COVID-19 pandemic hit the world, and the Maldives, the nation registered a nominal GDP of USD5.6 billion by the end of 2019, and attracted a record 1.7...

Democracy hijacked: JSC edition

4 min read
The Maldives is a comparably young democracy. A lot of trial and error is to be expected when developing a system of governance that is truly inclusive, fair, and balanced,...

COVID-19 stimulus and relief packages

6 min read
On 25 May, President Ibrahim Mohamed Solih announced a new relief package to assist and stimulate businesses, during yet another COVID-19 lockdown. However, unlike many other countries, all assistance provided...