Vice President Uz Hussain Mohamed Latheef has reiterated that the Government remains unwavering in its commitment to serving the Maldivian people despite prevailing national challenges.
He made these remarks during an exclusive interview with Sangu TV to commemorate the second anniversary of the current Administration.
Reflecting on the state of the nation at the outset of President Dr Mohamed Muizzu’s tenure, the Vice President highlighted the significant national debt burden and a critical shortage of foreign currency. He noted that the Government continues to actively pursuing debt repayment and implement measures aimed at stabilising the economy.
The Vice President identified the inauguration of the new terminal at Velana International Airport (VIA) as a major policy milestone and a substantial step towards strengthening the national economy. He also noted the reopening of several previously stalled islands for tourism development, with additional openings expected. This initiative, he stated, will directly address the foreign currency deficit and enhance circulation as the economy stabilises.
Speaking on sectoral development, the Vice President detailed the Administration’s commitment to supporting the fisheries sector, particularly through the timely clearance of payments to fishermen. He added that a review, and potential increase, of fish purchase prices would be undertaken once broader economic stability is secured.
In the field of healthcare, the Vice President underscored the significance of the ban on vapes and the implementation of the generational ban as key public health measures aimed at fostering a healthier society. He stated that the Administration will establish rehabilitation centres to combat substance abuse and reaffirmed that those apprehended in connection with drug networks will face due legal process and strict penalties.
The Administration has also introduced enhanced provisions for thalassaemia patients and single mothers, reflecting its commitment to promoting social equity. The Vice President confirmed that the 2026 budget allocates funding to upgrade major atoll hospitals to the standard of Indira Gandhi Memorial Hospital (IGMH), thereby reducing the need for overseas medical travel for specialised care.
Addressing fiscal management, he expressed confidence that repayment of outstanding loans due by 2026 will be manageable, attributing this to successful debt settlement agreements with international partners.
He added that the Government is committed to collaborating with foreign experts to strengthen the skills of Maldivian artists. Policy support will also be extended through the provision of soft loans to encourage diversification within the fisheries and agriculture sectors. These initiatives, he noted, are expected to serve as catalysts for sustained economic growth and diversification.
The Vice President concluded by assuring the public that President Dr Muizzu and his Administration remain dedicated to delivering a prosperous and secure future for the Maldives.