Maldives Minister of Economic Development Mr. Fayyaz Ismail has claimed that significant changes will become apparent in the island nation’s economy in the upcoming days with price of US Dollars expected to become cheaper.
The cabinet minister made the assertion while speaking at ceremony held on Friday at Komandoo to launch campaign efforts for a ruling party candidate running for the said constituency under the parliamentary seat by-elections.
At the ceremony, minister Mr. Ismail had noted on various accomplishments of the incumbent administration during the past year including execution of water and sewerage projects over 100 residential islands.
In addition to this, the minister had also noted on the state’s successful efforts to curb prices in internet services throughout the country.
While the persisting Covid-19 pandemic has hindered the country’s economy, the minister sounded hopeful on the government’s continuing efforts to ease the difficulties faced by the public.