The World Bank said on Thursday that the Maldives has made limited progress in implementing the fiscal reform plan proposed by the Maldivian administration back in February, adding that urgent actions are needed to reduce spending. The global financial institute, in its biannual update released on Thursday, expressed concern over the delay in the rollout of the […]
Read MorePresident Dr. Mohamed Muizzu on Thursday, has stated that the United Nations Development Programme (UNDP) has been instrumental in shaping the Maldives’ development path. He made the remark during his address at the ceremony marking the 45th anniversary of UNDP in the Maldives. The commemorative event was held on Thursday evening, which was attended by […]
Read MorePresident Dr. Mohamed Muizzu, who is currently on an official state visit to India, has assured that the Maldives has not entered into any agreement with its neighbor that would compromise the island nation’s sovereignty and independence. He gave the assurance during a meeting with Maldivian citizens in Bangalore on Wednesday. His assurance was directed […]
Read MoreMaldives has launched India’s RuPay service in a move aimed at bolstering the Maldivian Rufiyaa. A product of the National Payments Corporation of India (NPCI), the RuPay card is a first-of-its-kind global card payment network in India, with wide acceptance at ATMs, POS devices, and e-commerce websites across India. It facilitates electronic payments at almost […]
Read MoreThe Indian Prime Minister Narendra Modi has accepted President Dr. Mohamed Muizzu’s invitation to make an official visit to the Maldives. President Muizzu, who is currently on an official visit to India, extended the formal invitation during his meeting with Prime Minister Modi on Monday in New Delhi, India. Vikram Misry, the Foreign Secretary of […]
Read MoreMaldives has welcomed more than 1.5 million tourists so far in 2024, indicating a 9.5 percent increment compared to the corresponding period last year. According to the most recent updates from the Ministry of Tourism, tourist arrivals from January 01st to October 06th stood at 1,522,621 whereas in the same period in 2023, arrivals stood at 1,385,883. […]
Read MoreMaldives ensures an amicable investment environment in every economic sector, says President Dr. Mohamed Muizzu, who added investing in the Maldives will reap significant rewards. President Muizzu made the remarks at the India-Maldives Business Forum in New Delhi on Monday, during his ongoing state visit to India. While speaking at the forum, President Muizzu unveiled […]
Read MoreMaldives President Dr. Mohamed Muizzu has ruled out the possibility that Maldives might have to opt for a bailout program from the International Monetary fund (IMF) amid an economic crisis while expressing confidence that neighboring India will provide assistance to the island nation. The President, on Sunday, traveled to India for his first state visit […]
Read MoreThe Maldives and its neighbor India share a lot in common, says former President Mohamed Nasheed, who added he is joyous of mending ties between the two countries. The former president said this in a message on X on Sunday evening, in which he said the two countries had “so much in common.” “India & […]
Read MoreMaldives President Dr. Mohamed Muizzu has underscored the importance crucial role of the Maldives’ broadcasting industry in representing and advocating for the nation and its people. He made the remark via a post on X on the occasion of National Broadcasting Day. In this regard, the President, underscoring broadcasting is built on trust and carries […]
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