Tag: MMA
MMA Releases New Stock of MVR 100 Notes to Address Shortage
The Maldives Monetary Authority (MMA) has brought a new stock of MVR 100 banknotes into circulation, citing a…
In 2025, President Muizzuās reforms deliver stronger revenues and fiscal control
Maldivesā economy closed 2025 on a firmer footing, with improved government revenues, resilient tourism performance, and stabilising fiscal…
Maldives Zakat House, MMA Reinforce Custodial Framework for National Zakat Fund
The Maldives Zakat House and the Maldives Monetary Authority have signed a formal agreement reaffirming the central bankās…
State Reserves Expected to Rise to USD 904 Million, Says MMA
The Maldives Monetary Authority (MMA) has projected that the countryās foreign currency reserves will rise to USD 904…
MMA Suspends FIU Head Ismail Sajid Over Sexual Harassment Allegation
Ismail Sajid, recently appointed as the Head of the Financial Intelligence Unit (FIU) at the Maldives Monetary Authority,…
MMA Launches Payment Maldives to Power Next Phase of Digital Payments
The Maldives Monetary Authority has formally launched a new company, Payment Maldives Private Limited, marking a major step…
President Muizzu Unveils Financial Inclusion and Sustainable Finance Roadmap
The Maldives today took a decisive step towards building a stronger, more inclusive and climate resilient financial system,…
New CEO Role Announced for Payment Maldives
Payment Maldives Pvt. Ltd. has announced plans to appoint a Chief Executive Officer (CEO) as it prepares to…
Tobacco Emerges as Biggest Driver of Inflation in Maldives
Tobacco products have become the single largest driver of inflation in the Maldives, according to the latest figures…
Deadline for Fiscal Responsibility Charter Extended to Two Years
President Dr Mohamed Muizzu has ratified amendments to the Fiscal Responsibility Act, extending the deadline for preparing the…