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A digest of news and opinion from the Maldives.

World Bank

World Bank

World Bank addresses issue of political questions asked in Maldives survey

2 min read

World Bank. PHOTO/KOSOVA PRESS The World Bank on Tuesday revealed that a company conducting a survey in the Maldives for the former has been posing political questions to survey takers. In a press release, the World Bank announced that the survey is for its Global Findex, the world’s most comprehensive database on financial inclusion. According […]

MMA

More bonds to go on sale, amid lower investor confidence for Maldives

2 min read

RaajjeMV understands that that Government of Maldives is to once again sell off sovereign bonds. A senior Government official reported to RaajjeMV that the process was already underway. The official said during Economic Minister Mohamed Saeed’s visit to the United Arab Emirates, it was proposed to sell off bonds worth US$ 200 million to the […]

Quarter of Maldives youth unemployed: World Bank

Quarter of Maldives youth unemployed: World Bank

3 min read

Nearly a quarter of Maldivian youth are not employed or engaged in education or training, according to the World Bank’s new South Asia Economic Focus report. The employment share of Maldivians in the booming tourism and construction industries – the main drivers of economic growth – is relatively low as both sectors attract many migrant […]

Hefty loans from everywhere: All payable?

Hefty loans from everywhere: All payable?

3 min read

The original Dhivehi article was published on Avas.mv website on 11th October 2017. The following is a loose translation: In contrast to neighbouring countries, Maldives economy is small. The income generating resources are also less. The entire economy is dependent on tourism. Therefore, in order to broaden the economy, the government started several initiatives. Likewise, […]