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A digest of news and opinion from the Maldives.

MMA

Disgruntled flat winners told to secure housing loans by October 15

Disgruntled flat winners told to secure housing loans by October 15

5 min read

Winners of flats under the previous government’s Veshi Fahi Malé social housing programme have been told by the state-owned Housing Development Corporation to secure loans before a deadline of October 15. The HDC’s announcement last Tuesday came after complaints about delays in introducing a new affordable housing loan scheme devised by the central bank to help make […]

Security officers surround Speaker Maseeh inside the parliament chambers, seen on the left. PHOTO: AHMED NIHAN

Parliament approves new central bank governor amidst chaos

2 min read

Security officers surround Speaker Maseeh inside the parliament chambers, seen on the left. PHOTO: AHMED NIHAN The parliament on Thursday approved to appoint Ahmed Naseer as the governor of Maldives Monetary Authority (MMA). Thursday’s sitting was also conducted amongst chaos as opposition lawmakers continued to protest against Speaker Abdulla Maseeh chairing the session. The parliament […]

Former governor of MMA Dr Azeema Adam

Public fuss over Azeema’s departure

3 min read

The original Dhivehi article was published on Avas.mv website on 16th August 2017. The following is a loose translation: During Dr Azeema Adam’s tenure as the governor of central bank of the Maldives – Maldives Monetary Authority (MMA), it was marred by allegations directed at MMA. A 1.2 billion Rufiyaa embezzlement scandal inside the government […]