Deputy minister of finance and planning, Maldives, overseeing Debt Management & Resource Mobilisation Dept. Board director at Development Bank of Maldives.
Thank you for your leadership and for guiding us through a very challenging period. We are not yet out of the woods, but thanks to your stewardship, we can now see a path forward. @MoosaZameer https://t.co/NVcs6EAsCb
As I have stated previously, the USD 300 million Sukuk proposed by the Bank of Maldives and guaranteed by the Government of Maldives is neither intended for budget support nor for the cash flow requirements of the Government.
This is a jointly planned initiative of the Government of Maldives and the Bank of Maldives, designed to stimulate tourism-led economic growth, particularly in the northern and southern regions of the country. It is expected to contribute to the expansion of the Government’s revenue base and support the achievement of macro-fiscal targets in the years ahead.
His Excellency President Dr @MMuizzu’s policy is clear: to strengthen fiscal stability and debt sustainability over the medium term through private sector-driven investment and the creation of well-paid jobs. The upgrade of the Maldives’ sovereign credit rating by Fitch demonstrates that the Government’s planned fiscal reforms and economic measures are gaining credibility and international recognition.
Do your best, and leave the rest to Allah. "If you were to rely upon Allah with the required reliance, then He would provide for you just as a bird is provided for, it goes out in the morning empty, and returns full."
Participated in the Maldives–Germany Business Roundtable in Berlin alongside President Dr @MMuizzu and the Maldivian delegation.
Productive engagement with German business leaders on investment opportunities, fiscal reforms, digitalisation, energy transition, tourism, and long-term partnerships supporting Maldives’ Vision 2040.
Pleased to open the Maldives Marine Expo 2026 today, an important platform for showcasing innovation, entrepreneurship, and collaboration across the marine and maritime sectors.
As an island nation, the marine industry plays a central role in our economy. Events like this support knowledge exchange, private sector growth, and the continued development of Maldives’ ocean-based industries.
ADFD Eurobond $100m also maturing in April 2026 refinancing discussions at final stage for an additional 5 year tenor. Official gross reserve stands at 1.13 billion dollars.
President of Maldives announce plan to refinance $500m sukuk and $100m Eurobond maturing on April 2026. #maldives#sovereigndebt#sukuk#eurobond https://t.co/uGzGHVyBuj
$150m to be settled via funds accumulated at the sovereign dev fund and $350m to be refinanced at a rate lower than the 10.5% p.a primary market yield at issuance of sukuk in 2021.
A new Country Partnership Framework strengthens our long-standing partnership with the Maldives and sharpens our joint focus on climate resilience and sustainable development:
Today, our President Dr. Abdulhamid Alkhalifa and HE Moosa Zameer @MoosaZameer, Minister of Finance and Planning @MoFmv, signed the framework to deepen cooperation and support the island nation’s long-term development priorities, including climate resilience, sustainable infrastructure, renewable energy and fiscal stability.
“We are proud to be the leading international lender in the Maldives’ water and sanitation sector and we look forward to expanding this cooperation with support to high-impact investments that improve lives,” emphasized Dr. Alkhalifa.
Since 1977, the OPEC Fund has provided more than US$440 million in development finance to the Maldives through public sector loans, private sector operations, trade finance and grants, supporting transport, water and sanitation, fisheries, health, education and trade finance.
More info: https://t.co/p3icScuefr