The Maldives is expected to remain the fastest-growing economy in the South Asian region in 2023, but it faces significant dangers rising debt, reports the World Bank.
In their recent “Global Economic...
Minister of Finance Ibrahim Ameer has stated that the World Bank's forecast for the economy of the Maldives is higher than the government's forecast. He made these remarks in a tweet referring to the...
The central bank has curtailed the allocation of dollars to commercial banks due to a depletion of its dollar reserves.
Historically, the central bank has provided dollars to commercial banks to mitig...
The Governor of the Maldives Monetary Authority (MMA) has failed to disclose the interest rates of the loans taken from India by the government.
Leaders of the People's Progressive Party (PPM) and Pe...
Israeli troops shot dead three Palestinians in the occupied West Bank Tuesday, Palestinian officials said, before a suspected car-ramming attacker was killed after wounding an Israeli soldier, Israeli...
JERUSALEM (AP) — Israeli troops shot and killed a Palestinian man during an operation Tuesday evening in the occupied West Bank, raising to five the number of Palestinians killed in less than 24 hours...
AL-AROUB REFUGEE CAMP, West Bank (AP) — In two volatile spots in the occupied West Bank, Israel has installed robotic weapons that can fire tear gas, stun grenades and sponge-tipped bullets at Palesti...
The World Bank has stated that tax hikes are a meaningful step to increase revenue.
In a tweet, Country Director for the Maldives Faris H. Hadad-Zervos said the World Bank’s analysis shows that the fi...
Police have arrested a man for purchasing over MVR 170,000 in goods from a shop in Lh. Hinnavaru using fake bank transfer slips.
The suspect, identified as a 30-year-old Maldivian male, was arrested u...
LONDON (AP) — The Bank of England rolled out its biggest interest rate increase in three decades Thursday, saying the move was needed to beat back stubbornly high inflation that is eroding living stan...