Travel associations in Maldives has backed a stimulus package and other economic relief measures announced by the island nation’s government in response to the novel coronavirus...
Maldives will need $1.2 billion to shore its economy against the impact of the coronavirus pandemic, a United Nations expert has said. Pamela Coke-Hamilton, who heads...
Countries like the Maldives will be amongst the first to restart their tourism industry after travel restrictions stemming from the coronavirus pandemic are eased, a former...
Maldives has made its first commercial export shipment since closing its borders to contain the coronavirus outbreak. The shipment of fish, airlifted by SriLankan Airlines on...
Maldives has asked Russia and Turkey to provide assistance in rebuilding the island nation’s economy which has been battered by the coronavirus pandemic. In separate phone...
Maldives parliament Sunday green-lighted a government proposal to borrow MVR 4.2 billion ($272 million) from the central bank to cover state expenses and maintain public services...
Maldives is looking to secure a freeze on loan repayments worth MVR 4 billion ($259.2 million) under a recent debt moratorium agreed by the world’s wealthiest...
Maldives will shave another MVR 5 billion ($324 million) off state expenditure and borrow $233.37 million from international lenders to plug the gap in balance of...
Maldivian government is seeking a stay on fiscal limits to ease borrowing, as the island nation’s finance minister warned Wednesday that MVR 4.2 billion ($272 million)...
The global economic downturn caused by the coronavirus pandemic has been so severe that already half of the world has asked the International Monetary Fund for...
