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A digest of news and opinion from the Maldives.

Diplomacy

EU and WHO Join Hands to Mitigate Impacts of COVID-19 in Maldives

EU and WHO Join Hands to Mitigate Impacts of COVID-19 in Maldives

3 min read

The World Health Organization country office for the Maldives (WHO), with financial support worth EUR 1 million from the European Union (EU), will help improve emergency response capacities in the Maldives to mitigate the impact of COVID-19. The support will focus on improving the management of COVID-19 cases. This will be done through the provision […]

Maldives and France Sign Agreement on G-20 Debt Service Suspension Initiative

Maldives and France Sign Agreement on G-20 Debt Service Suspension Initiative

1 min read

The Government of the Republic of Maldives and the Government of France signed an agreement on the G-20 Debt Service Suspension Initiative (DSSI), to temporarily suspend debt-service payments owed to bilateral creditors. The agreement was signed on behalf of the Government of the Republic of Maldives by His Excellency Omar Abdul Razzak, High Commissioner of […]

Maldives Signs $100,000 Debt Relief Agreement with U.S.

Maldives Signs $100,000 Debt Relief Agreement with U.S.

1 min read

The Maldives and the United States of America have signed a debt relief agreement under the G20 Debt Service Suspension Initiative (DSSI). With the aim to temporarily suspend debt-service payments owed to bilateral creditors, Maldives High Commissioner to Sri Lanka, Omar Abdul Razzak and U.S. Ambassador to Maldives Alaina B. Teplitz signed the agreement on […]

Maldivian Seaplane Becomes the First Plane Ever to Land in Maliku!

Maldivian Seaplane Becomes the First Plane Ever to Land in Maliku!

1 min read

A seaplane of Maldivian, the national carrier of the Maldives, has become the first-ever seaplane or even aeroplane to land in Maliku, an island in Lakshadweep, India. In a tweet, Maldivian revealed that its seaplane made a quick stop to Maliku on a charter trip to Ahmedabad in India. This is the first time an […]

Maldives’ Debt Service Payments to Japan Temporarily Suspended

Maldives’ Debt Service Payments to Japan Temporarily Suspended

2 min read

Maldives and Japan today signed the Exchange of Notes on the G-20 Debt Service Suspension Initiative (DSSI), marking an important step towards providing the Maldives with the necessary fiscal space by temporarily suspending debt-service payments owed to official bilateral creditors. The Exchange of Notes was signed on behalf of the Government of Maldives by His […]

MVR 905 Million Received as Free Aid This Year

MVR 905 Million Received as Free Aid This Year

1 min read

Ministry of Finance has revealed that Maldives received MVR 905 million as free aid this year. Publicized on the weekly fiscal development report, as of 17th November, MVR 905.2 was received as free aid. In comparison, MVR 1.1 billion was received as free aid in the same period of last year. The annual state budget […]

Maldives Need A Grace Period of 2 Years to Repay the Loans to China—Nasheed

Maldives Need A Grace Period of 2 Years to Repay the Loans to China—Nasheed

2 min read

Speaker of Majilis and the former President of Maldives, Mohamed Nasheed has said that the Maldives requires a further 2 year grace period in order to repay the country’s debt to China. Nasheed said this in a tweet replying to the Chinese Ambassador to the Maldives, Zhang Lizhong’s refute against Nasheed’s claim on that Maldives […]

What Are the Opportunities for Maldives to Build Back Better from COVID-19? World Bank Holds Discussions

What Are the Opportunities for Maldives to Build Back Better from COVID-19? World Bank Holds Discussions

4 min read

Faris Hadad-Zervos, the World Bank’s new Country Director for Maldives, Nepal and Sri Lanka, completed his first visit to the Maldives last week. The purpose of this visit was to experience firsthand the country’s response to the COVID-19 pandemic and recovery efforts, as well as the progress and results of the World Bank-supported projects in […]

Contract Signed to Establish Drug Detoxification Center in Addu

Contract Signed to Establish Drug Detoxification Center in Addu

4 min read

The contract for setting up a ‘Drug detoxification Centre’ in Hulhudhoo, Addu City, was awarded today in a ceremony held at the Ministry of National Planning, Housing and Infrastructure. The project is funded through an MVR 8 million grant assistance from India and will be steered and executed by the Ministry of National Planning, Housing […]