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The IMF urged the Maldives to urgently raise revenue, cut spending and reduce external borrowing to avoid a major economic crisis. File | Photo Credit: AP The International Monetary Fund warned the Maldives against looming “debt distress” on Monday, as the small but strategically placed luxury tourist destination looks set to borrow more from main…
Read More “Maldives gets IMF debt warning as more Chinese loans loom” »
Maldives President Mohamed Muizzu arrives to cast his ballot for the parliamentary election at a polling station in Mali, Maldives on April 21, 2024. | Photo Credit: PTI After his party won a decisive majority in Sunday’s general elections, Maldivian President Mohamed Muizzu has both executive powers and parliamentary backing to shape the island nation’s…
Maldives President Mohamed Muizzu | Photo Credit: AP Maldives President Mohamed Muizzu has alleged that his predecessor, President Ibrahim Mohamed Solih, operated on orders from “a foreign ambassador.” Mr. Muizzu, however, neither named any country nor any diplomat. The president made the allegation when he was asked about criticism from the opposition regarding the recent…
Maldives tourism hit: Controversial tweets by Maldives ministers against PM Modi sparked a call by some Indians on social media to boycott the Maldives | Photo Credit: AFP In January, controversial tweets by deputy ministers of the Maldives on Indian Prime Minister Narendra Modi’s visit to Lakshadweep led to a diplomatic row between the two…
Maldives’ main opposition candidate Mohamed Muizzu casts his vote in Male, Maldives, on September 30, 2023. | Photo Credit: AP Frontrunner and Opposition candidate Mohamed Muizzu appeared poised for victory in the Maldivian presidential race, provisional results of Saturday’s run-off showed, as he beat the India-friendly incumbent Ibrahim Mohamed Solih in a closely fought contest…
Read More “Opposition candidate Muizzu poised for victory in Maldives presidential run-off ” »
Voters seen at a polling station in Maldivian capital Male Saturday morning, on the day of the Presidential elections of the Indian Ocean Archipelago. | Photo Credit: Meera Srinivasan Maldivian voters, known for their high, near-90% turnout in past elections, began lining up at polling stations in capital Male early on Saturday, to choose their…
Read More “Maldivian voters start early on polling day to choose next President” »
A commuter takes pictures with his mobile phone of a decorated wall along a street ahead of the country’s presidential election, in Male. | Photo Credit: AFP Over 2,80,000 people of the Maldives will have a say in the presidential polls on Saturday [September 9, 2023], a race that has been shaped by three presidents…
Read More “As Maldives goes to polls, eight candidates vie for top office in fragmented race ” »