Maldives on Wednesday strongly condemned Israel's proposal to annex large parts of occupied Palestinian territories.
Minister of Foreign Affairs Abdulla Shahid made the declaration on behalf of the Ma...
The World Bank has approved a USD 12.8 million Emergency Income Support Project in the Maldives to mitigate the impact of COVID-19 on vulnerable workers and their families.
In a press statement releas...
The World Bank’s Board of Directors on Wednesday, have approved a USD12.8 million project to assist Maldivian workers facing corporate redundancies.
This initiative is a discoursed remedy towards offs...
Global economic growth could rebound next year -- but the number of people living in extreme poverty is expected to remain unchanged after a huge surge this year due to the coronavirus pandemic, the W...
The World Bank’s board of executive directors, on Tuesday, approved a USD 12.8 million (MVR 197.38 million) COVID-19 emergency income support project to assist Maldives mitigate the economic impact of...
Central bank, Maldives Monetary Authority (MMA) has planned to resume some of its services that were suspended in response to the COVID-19 pandemic.
According to MMA, the bank plans to resume its ser...
The coronavirus pandemic inflicted a "swift and massive shock" that has caused the broadest collapse of the global economy since 1870 despite unprecedented government support, the World Bank said Mond...
Central Bank, Maldives Monetary Authority has released MVR 2.7 billion from the public bank account for the increased government expenditure due to COVID-19.
A public account overdraft is when the MMA...
NEW DELHI (AP) — India’s central bank on Friday cut its key interest rate to 4% to counter the blow to the economy from the coronavirus pandemic and a lockdown meant to contain it.
Reserve Bank of Ind...
The government signed a USD 16.5 million Urban Development and Resilience Project with the World Bank to support urban development efforts and increase disaster preparedness across the country.
The ag...
