The World Bank has approved a USD64.8 million project to strengthen regional fisheries management in the South-West Indian Ocean (SWIO) region to improve the competitiveness of the Maldives fisheries...
The World Bank’s Board of Executive Directors has approved a USD15 million project to strengthen private participation in and financial sustainability of state-owned enterprises (SOEs) and the mechani...
To strengthen private participation in and financial sustainability of state-owned enterprises (SOEs) and the mechanisms that support the competitiveness of small and medium enterprises (SMEs) in Mald...
The World Bank has stated that Maldives is the fastest-growing economy in South Asia.
Maldives Development Update (MDU) of the World Bank stated that the growth in tourism in the country is having a p...
World Bank has forecasted that the Maldivian economy will maintain strong growth in the coming years as the poverty rate in the island nation is expected to drop lower than it was before the COVID-19...
Former Mastercard CEO Ajay Banga, an Indian army officer’s son with decades of corporate experience, was confirmed Wednesday to lead the World Bank for a five-year term that starts next month.
The U.S...
A Louisville bank employee armed with a rifle opened fire at his workplace Monday morning, killing five people — including a close friend of Kentucky’s governor — while livestreaming the attack on Ins...
In March, the Maldivian government borrowed MVR 4.3 billion from the Maldives Monetary Authority (MMA), the country's central bank. This move has raised concerns over the nation's financial stability,...
Palestinian assailants carried out a pair of attacks on Friday, killing three people and wounding at least six as tensions soared after days of fighting at Jerusalem’s most sensitive holy site, offici...
Finance Minister Ibrahim Ameer has responded strongly to a World Bank report on the Maldives' economic situation.
In its latest report, the World Bank updated its forecasts on the Maldives' economic g...
