President Dr Mohamed Muizzu has declared that 2026 will be the Year of National Productivity, urging a “big boom” across multiple sectors to drive economic growth and public engagement.
Speaking to residents of Komandoo in Shaviyani atoll on Tuesday evening, the President emphasized the need to unlock opportunities for young innovators and provide platforms to develop and market new products. He said the government’s focus will be on enabling productivity across industries, from creative enterprises to digital services.
“We need to allow for the development of various sectors,” President Muizzu said, adding that the people must be empowered to participate meaningfully in the economy.
ށ. ކޮމަންޑޫ އެއަރޕޯޓް ތަރައްޤީ ކުރުމުގެ އެއްބަސްވުމުގައި ސޮއިކުރުމާއި އެއާޕޯޓަށް ބޭނުންވާ ބިން ހިއްކުމުގެ ޢަމަލީ މަސައްކަތް ފެށުން#RayyithunGaathah #ShaviyaniAtollVisit pic.twitter.com/vfcTZ9Eta3
— The President's Office (@presidencymv) October 14, 2025
The President also highlighted the upcoming launch of PayPal in the Maldives, a key component of his administration’s digital economy pledge. He confirmed that the Ministry of Economic Development has worked closely with Ooredoo Fintech and international stakeholders over the past two years to facilitate the service.
“PayPal is about to become available to the people. There are many such opportunities, and the people will benefit greatly from it,” he said.
The introduction of online payment systems, including PayPal, is part of the President’s pledges towards financial inclusion, cross-border commerce, and digital transformation. The service is expected to launch in 2026, enabling freelancers, entrepreneurs, and small businesses to engage with global markets.