According to the Maldives Monetary Authority (MMA) in their Quarterly Business Survey for 2024 first quarter, the employment rose for…
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Maldives President Dr. Mohamed Muizzu has highlighted the positive impact of his administrations’ decision to cease printing new banknotes. While…
The total assets of the Maldivian financial sector was reported at MVR 24.2 billion by the end of January 2024,…
The Ministry of Finance said that the cessation of state budget would not impact cashflow of the government, if it…
The Maldives government has overdrawn MVR 8.2 billion in the last three years, according to Maldives Monetary Authority (MMA) data.…
The Bank of Ceylon (BOC) and Mauritius Commercial Bank (MCB) have successfully onboarded as the new participants of Favara -…
The Maldives government has announced its plans of selling MVR 5.2 billion worth treasury bills (T-Bills) to adjust the state’s…
Maldives government has overdrawn MVR 1.7 billion through Maldives Monetary Authority (MMA), the country’s central bank in October; marking an…
The Maldives Monetary Authority (MMA) has signed the Participation Agreement of the IPS – Favara with two banks. The IPS…
The rate of inflation, measured by the annual percentage change in the national Consumer Price Index (CPI) increased to 2.6%…