The government is actively assessing the impact of the situation in the Middle East on the country’s economy, the Minister of Finance and Planning, Moosa Zameer has said.
Minister Zameer in a post on social media said the government, under the leadership of President Dr Mohamed Muizzu, is actively assessing the impact of the situation in the Middle East on the economy, including energy markets, food security, and overall financial stability.
“We are working with relevant institutions to closely monitor market prices, inflationary trends, and trade flow disruptions,” he said.
The Minister also assured the government’s commitment to preparedness and safeguarding the interests of all Maldivians.
Israel launched "preemptive" strikes against Iran on 13 June, hitting nuclear and military sites as well as residential areas, and prompting waves of Iranian missile attacks on Israel.
The war has also seen the United States (US) strikes on Iranian nuclear facilities, followed by an Iranian missile launch towards the largest US military facility in the Middle East -- Al Udeid Air Base in Qatar.
Hours after the Iran strike, US President Donald Trump had declared that both Iran and Israel have now agreed to a unilateral ceasefire.
Any cessation in hostilities would come as a huge relief to the rest of the world frantic about an escalation in violence igniting an even wider war.
Israeli strikes on Iran have killed more than 400 people, Iran's health ministry has said.
Iran's attacks on Israel have killed 28 people, according to official figures and rescuers.