With external debt surging and revenue declining, the Maldives stands at an economic crossroads. Understanding the depth of the crisis is the first step toward recovery. Full analysis here: https://t.co/INoEHOz1DJ by @AthifShakoor#EconomicCrisis#MaldivesFinance
Bismillahi
Maldives Economy Today has now been registered with the appropriate authorities with @ahmedMDV as Founder and @AthifShakoor as Editor.
We are working to issue the 1st journal in September.
We look forward to the assistance, advice and guidance of all.
A possible solution to address foreign currency liquidity issues in the #Maldives:
1) Limit USD-MVR exchanges exclusively to banks for enhanced control.
2) Require all local transactions to be conducted in MVR to strengthen the currency.
3) Implement strict enforcement to prevent unauthorized transactions.
Looking at the appointment dates, the picture becomes very clear. It's not rocket science to deduce what happened here and where the loyalties lie.
The whole @bankofmaldives board should resign.
It’s the duty of the President to form a government with a cabinet.
It’s the responsibility of Majlis to approve the cabinet, one by one.
Majlis decided to approve 82% of cabinet as @MMuizzu proposed & refuse 18% for various reasons.
It’s called checks & balance. It’s a very fundamental feature of democracies. It’s a shame some people don’t understand it.
To provide free residential land slots, @ibusolih has relinquished areas initially designated for IT parks, knowledge parks, universities, and financial zones.
This isn’t how you develop a livable city, this is how you create slums, this is how you create the second Male’
‼️🚨Breaking News
3.17 BILLION MVR worth of land is given to these 20 families. Check below this tweet for full breakdown for each family.
Now tell us, how is it fair that Hiyaa & other social housing occupants keep paying rent when BILLIONS are given for FREE to people.