Tourism Sector in Decline; Ignoring the Reality Will Only Worsen the Situation: Ameer
Former Finance Minister Ibrahim Ameer has called on the government to take urgent action in consultation with tourism industry stakeholders, expressing concern over the lack of transparency regarding the fragility of the Maldives' current economic situation.
Former Finance Minister Ibrahim Ameer speaks during an appearance on RaajjeTV’s "Fala Surukhee" program on May 20, 2026. | Screen image
Former Finance Minister Ibrahim Ameer has stated that the current state of the Maldives' tourism industry is dire, warning that the situation will only worsen if the government continues to ignore the reality of the decline.
Speaking on RaajjeTV’s "Fala Surukhee" program, Ameer expressed deep concern that the government is failing to disclose the true fragility of the country's economic situation to the public. Ameer emphasized that now is the time for the government to engage in direct dialogue with tourism industry stakeholders. He noted that such collaboration is essential to finding solutions and preventing further economic decline.
"The tourism sector is in a dire state. Now is the time to engage in discussions with industry stakeholders. With no upcoming elections, there is no reason for the government to avoid addressing this issue. Even if we are able to service debt and pay salaries, the economy is not in good health," Ameer said.
Ameer stated that since the current administration took office, every sector of the economy, with the exception of tourism, has experienced a significant decline. He noted that even during the COVID-19 pandemic, critical measures were implemented following consultations with industry stakeholders, warning that failing to take necessary action and allowing the situation to remain unaddressed would only exacerbate the current crisis.
Shaz further noted that the nation's economy will decline in direct proportion to the downturn in the tourism sector. Industry associations estimate that the Maldives' tourism industry faces potential losses exceeding $500 million due to the dwindling number of tourist arrivals. Highlighting the severity of the situation, these organizations have also formally requested government intervention and support.
However, the government has questioned the validity of those figures. Meanwhile, leading figures within the tourism industry are alleging that the sector's decline is a direct result of the administration's lack of clear policy.
