Economic Downturn

5 articles

Dr. Ahmed Shamheed, Member of Parliament for the South Hulhumalé constituency, delivers a speech during a parliamentary sitting.

Economy collapsed because projects were initiated beyond state's financial capacity: MP Shamheed

Muizzu stated that while the current administration initially intended to hire only 10 employees for the Fenaka branch in Feeali, a total of 39 staff members have been recruited to date. | RaajjeMV

Musical chairs at the top: Muizzu administration’s recipe for economic chaos

Minister of Economic Development and Trade Mohamed Saeed. | President's Office

While no one desires an increase in cost of living, impact of global events remains unavoidable; however, fact that Maldives has avoided bankruptcy is a significant achievement: Saeed

Tourists queuing at the seaplane check-in area. | MACL

Daily cancellations reach approximately 3,000 bookings; urgent and robust measures must be taken!

A Maldive Gas plant. | Corporate Maldives

Maldive Gas limits cooking gas sales; supply halved from standard rates