SoEs

BML needs to be held accountable

3 min read
On 29 November 2021 the Maldives’ retail economy was virtually brought to a standstill. The Bank of Maldives, while doing some routine upgrades — that the company had failed to...

How Aasandha works

4 min read
The state enterprise Aasandha Company was first established in 2011 and is mandated to administer and manage the national health insurance scheme now known as “Husnuvaa Aasandha,” by facilitating access...

Audits please

3 min read
All state organisations, just like private companies, are required to prepare annual financial statements, and get them audited by an external auditor. The external auditors are required to examine, inspect...

The problem with State Owned Enterprises

4 min read
The provision of public goods has been the main role of any government in all societies. Education, health, public transport, law enforcement, judicial services, public safety and other public infrastructure...

The insurance industry is primed for growth

7 min read
On 19 November 2020, President Ibrahim Mohamed Solih inaugurated the Maldives' first ‘beach front airport’ in HA. Hoarafushi. However, just six months later, on 14 May 2021, disaster struck -...