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Tag: Maldives economic crisis

President Muizzu to take 50% salary cut amid worsening financial crunch in the Maldives

Posted on October 24, 2024 By admin
President Muizzu to take 50% salary cut amid worsening financial crunch in the Maldives

Maldives President Mohamed Muizzu. File | Photo Credit: PTI   Maldives President Mohamed Muizzu will take a 50% salary cut as part of his government’s efforts to cut costs, as the country braces itself for a possibly severe financial crunch. President Muizzu announced “special measures” in line with his government’s “economic reform agenda” proposed as…

Read More “President Muizzu to take 50% salary cut amid worsening financial crunch in the Maldives” »

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