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A digest of news and opinion from the Maldives.

covid

Recovery Requires Increased State Expenditure, Even by Debt: Finance Minister

Recovery Requires Increased State Expenditure, Even by Debt: Finance Minister

2 min read

Minister of Finance, Ibrahim Ameer has stated that the only way the country can recover from the pandemic-induced recession was through increased government spending, for which funds need to be acquired as debt. In today’s Parliamentary sitting, Minister Ameer said that the main focus of the 2021 state budget was to overcome the economic disruptions […]