The World Bank has predicted that the Maldives' substantial debt by 2026 will impact the private sector.
According to the World Bank's report on the financial situation in the South Asian region, Mal...
World Bank forecasts Maldives' national debt to Gross Domestic Product (GDP) ration to increase by 115 percent.
The bank said that though Maldives economy was expected to grow by 8.2 percent in 2023,...
The World Bank has stated that the real Gross Domestic Product (GDP) of the Maldives is expected to grow by 6.5% in 2023 but that the country requires an urgent and robust fiscal adjustment and respon...
World Bank has said that while the economy of Maldives is expected to grow by 6.5 percent this year, there needs to be urgent fiscal adjustments as there is a chance of the economy weakening.
As per t...
World Bank has projected that the national debt to Gross Domestic Product (GDP) ratio of the Maldives will increase by 115%.
The bank said that while Maldives economy was expected to grow by 8.2% in 2...
Israeli soldiers have shot and killed a Palestinian man in the occupied West Bank late Friday, Palestinian health officials said, the latest death in a monthslong surge of violence in the occupied ter...
Israeli troops killed a 19-year-old Palestinian in a pre-dawn raid in the West Bank Wednesday, the Palestinian health ministry said, as violence in the occupied territory showed no sign of any letup....
Main ruling Maldivian Democratic Party (MDP) has included paving the way for local businesses to fund projects in foreign nations in their economic manifesto.
The economic manifesto, titled ‘Igthisaad...
Bank of Ireland apologised on Wednesday after fixing a technical issue that allowed customers to withdraw or transfer more money than was in their accounts.
The glitch saw large queues form at some ca...
President Ibrahim Mohamed Solih, the candidate for the Maldivian Democratic Party (MDP) and its coalition, has announced a pledge to establish a bank aimed at providing housing finance if he is re-ele...
