{"id":16541,"date":"2026-02-07T15:24:41","date_gmt":"2026-02-07T10:24:41","guid":{"rendered":"https:\/\/mbt.mv\/?p=16541"},"modified":"2026-02-07T15:24:41","modified_gmt":"2026-02-07T10:24:41","slug":"maldives-president-announces-usd-1-13bn-in-reserves","status":"publish","type":"post","link":"https:\/\/mbt.mv\/?p=16541","title":{"rendered":"Maldives President announces USD 1.13bn in reserves"},"content":{"rendered":"<p>Maldives President Dr. Mohamed Muizzu has announced the country has achieved a historical milestone in its gross international reserves.<\/p>\n<p>According to the Maldives head of state, this staggering reserves amount is mainly due to strengthened foreign exchange regulations that resulted in dollar inflows growing last year.<\/p>\n<p>While speaking during the Presidential Address 2026 at the People&#8217;s Majlis &#8211; the Maldives parliament &#8211; President Muizzu said that USD 492 million was converted to the Maldives Monetary Authority (MMA) between January and December 2025.<\/p>\n<p>He said this contributed significantly to the growth of Maldives&#8217; official reserves. He further added that the country&#8217;s Gross International Reserves shot past USD 1 billion, reaching a total of USD 1.13 billion by the end of last year &#8211; which is a record high.<\/p>\n<p>The president also said this increase reflects stronger foreign exchange management coupled with better regulatory compliance.<\/p>\n<p>High reserve levels also increase the capacity of Maldives to meet its external debt obligations. It also helps the country manage currency pressures and uninterrupted import of essential goods.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Maldives President Dr. Mohamed Muizzu has announced the country has achieved a historical milestone in its gross international reserves. According to the Maldives head of state, this staggering reserves amount is mainly due to strengthened foreign exchange regulations that resulted in dollar inflows growing last year. While speaking during the Presidential Address 2026 at the<\/p>\n","protected":false},"author":4,"featured_media":16542,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2424,2981,2428,2506,2507],"tags":[802,826,1346],"class_list":{"0":"post-16541","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-finance","8":"category-government","9":"category-public-sector","10":"category-top-stories-block","11":"category-top-stories-featured-area","12":"tag-government-debt","13":"tag-gross-international-reserve","14":"tag-maldives-president-dr-mohamed-muizzu"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.0 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Maldives President announces USD 1.13bn in reserves - Maldives Business Times<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/mbt.mv\/?p=16541\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Maldives President announces USD 1.13bn in reserves - Maldives Business Times\" \/>\n<meta property=\"og:description\" content=\"Maldives President Dr. Mohamed Muizzu has announced the country has achieved a historical milestone in its gross international reserves. According to the Maldives head of state, this staggering reserves amount is mainly due to strengthened foreign exchange regulations that resulted in dollar inflows growing last year. While speaking during the Presidential Address 2026 at the\" \/>\n<meta property=\"og:url\" content=\"https:\/\/mbt.mv\/?p=16541\" \/>\n<meta property=\"og:site_name\" content=\"Maldives Business Times\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/mvbiztimes\" \/>\n<meta property=\"article:published_time\" content=\"2026-02-07T10:24:41+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/mbt.mv\/wp-content\/uploads\/2026\/02\/President-Muizzu.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"860\" \/>\n\t<meta property=\"og:image:height\" content=\"574\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Mohamed Reehaan\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@mvbiztimes\" \/>\n<meta name=\"twitter:site\" content=\"@mvbiztimes\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Mohamed Reehaan\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/mbt.mv\/?p=16541#article\",\"isPartOf\":{\"@id\":\"https:\/\/mbt.mv\/?p=16541\"},\"author\":{\"name\":\"Mohamed Reehaan\",\"@id\":\"https:\/\/mbt.mv\/#\/schema\/person\/a0eedc1134716e7c8e4da095494670c2\"},\"headline\":\"Maldives President announces USD 1.13bn in reserves\",\"datePublished\":\"2026-02-07T10:24:41+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/mbt.mv\/?p=16541\"},\"wordCount\":176,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/mbt.mv\/#organization\"},\"image\":{\"@id\":\"https:\/\/mbt.mv\/?p=16541#primaryimage\"},\"thumbnailUrl\":\"https:\/\/mbt.mv\/wp-content\/uploads\/2026\/02\/President-Muizzu.jpg\",\"keywords\":[\"Government Debt\",\"Gross International Reserve\",\"Maldives President Dr. Mohamed Muizzu\"],\"articleSection\":[\"FINANCE\",\"Government\",\"PUBLIC SECTOR\",\"TOP STORIES - 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