Tag: MMA

President Muizzu Cleans Up the Fiscal Mess Left Behind!

In a commendable display of fiscal responsibility, the government has significantly reduced its expenditure in the early months…

President Muizzu’s Economic Strategy Pays Off – Reserves Surge Under New Law!

The Maldives Monetary Authority (MMA) reports that by the end of January, resorts have exchanged over $50 million…

Maldives government floats MVR 2.2 Billion in t-bills to fund expenditures

In a strategic move to finance its operations, the Maldivian government has announced the sale of Treasury bills…

MMA Publishes Regulation for Mandatory USD Exchange Under Foreign Currency Act

The Maldives Monetary Authority (MMA) has issued regulations for businesses required to register under the Foreign Currency Act,…

Private Sector Representatives Dismissed from MMA Board

Two private sector representatives on the Maldives Monetary Authority (MMA) board have been removed, marking a significant change…