Skip to content

A digest of news and opinion from the Maldives.

foreign debt

Foreign debt warning from Maldives central bank boss

Foreign debt warning from Maldives central bank boss

2 min read

The Maldives central bank has warned of dwindling national reserves as the rate of foreign borrowing increases. Governor Ahmed Naseer of the Maldives Monetary Authority (MMA) sounded the alarm in a statement sent to the parliamentary budget review committee, which met Monday. The committee cancelled two hearings they had scheduled with him and the auditor […]