Jumhooree Party (JP) leader and Maamigili MP Qasim Ibrahim has praised President Dr. Mohamed Muizzu for steering the Maldives away from the brink of bankruptcy and setting the nation on a path toward financial stability.
Speaking at a gathering in ADh. Maamigili during President Muizzu’s ongoing tour of Alif Dhaal Atoll, Qasim lauded the government’s decisive measures to restore economic order after years of mounting national debt and deficit budgets.
“From one administration to another, debt kept increasing, and every year the deficit grew without balance,” Qasim said, noting that when President Muizzu took office, the national debt had reached MVR 132 billion. “For bringing the country to this point without bankrupting it, for enabling us to stand on our feet and speak with hope again, I can say nothing but praise and commendation for your leadership” he declared.
Qasim also stated that he remained silent about the recent rise in the dollar rate and tax adjustments, fully understanding that these difficult decisions were unavoidable. “I knew there was no other way to save the country” he said.
His remarks reinforce growing recognition of President Muizzu’s bold economic recovery strategy — one focused on fiscal discipline, debt reduction, and financial sovereignty — ensuring the Maldives’ future stands on a foundation of resilience and stability.
