Former Acting Chief Economist of the World Bank, Dr. Shantha Devarajan has been appointed as Advisor to Finance Minister, Ibrahim Ameer.
According to the Ministry, the appointment was made on May 20....
GAZA CITY, Gaza Strip (AP) — Turmoil from the battle between Israel and Hamas spilled over into the West Bank on Friday, sparking the most widespread Palestinian protests in years as hundreds of young...
The World Bank’s Country Director for the Maldives Faris Hadad-Zervos has stated the Maldivian economy is on the road to recovery from the devastating impact of the COVID-19 pandemic.
The country dire...
The World Bank portfolio in the Maldives currently consists of 10 active operations with total net commitment of $182 million the bank has said.
The information was disclosed in a statement released b...
The World Bank has stated that it will assist the Maldives in rebuilding its COVID-19 hit economy.
Faris H. Hadad-Zervos the Country Director for Maldives, Nepal, and Sri Lanka of the World Bank visi...
The World Bank has reported the Maldives can leverage digital technologies to build back better for a more green, resilient, and inclusive development following the COVID-19 pandemic.
In the “World Ba...
Reserve data published by the Maldives Monetary Authority shows that the usable foreign currency reserves of the state is at USD 177.8 million by the end of March 2021.
By the end of February 2021, t...
Maldives’ Governor Ali Hashim has stated that central bank, Maldives Monetary Authority (MMA) would address the foreign currency issues in the Maldives step by step, in order to avoid any resulting ne...
New Zealand on Thursday ordered the central bank to consider the housing market when it sets interest rates, a world-first move designed to ease a crisis that saw residential property prices jump 20 p...
The Maldives Monetary Authority (MMA) has permitted the Maldives Islamic Bank (MIB) to distribute shares from profits earned in 2019, MIB has announced.
The Annual General Meeting of the MIB was held...
