The Parliament on Sunday approved to suspend some articles of the Fiscal Responsibility Act to allow the government to borrow MVR 4.4 billion from the central bank to manage state cashflow. The motion...
Central Bank of Maldives, Maldives Monetary Authority (MMA) will be open on Monday and Wednesday in the following week, despite a lockdown and curfew ordered in the capital.
MMA stated that the days w...
Finance Minister Ibrahim Ameer has requested the Parliament for a one-year stay on the limits set in the Fiscal Responsibility Act in order to allow the government to access long-term borrowings from...
Maldives Blood Service (MBS) has announced it running out of the blood in stock at its blood bank, and has issued an urgent appeal for blood donations.
The emergence of COVID-19 cases in Maldives has...
The World Bank has stated guesthouses in Maldives are expected to face the biggest loss due to the COVID-19 pandemic.
The World Bank said the guesthouses and its employees will face major losses due t...
The World Bank has stated that the Maldives' economy will be the worst hit as a result of the COVID-19 pandemic.
A report issued by the bank on Sunday said the economies of South Asian countries will...
South Asia is on course for its worst economic performance in 40 years, with decades of progress in the battle against poverty at risk, because of coronavirus, the World Bank said Sunday.
India, Bangl...
The World Bank has approved to grant USD 7.3 million to the Maldives to support the archipelago in combating against COVID-19.
A statement released on Thursday said the World Bank’s Board of Executive...
ISLAMABAD — The World Bank has given Pakistan $200 million in aid to help the most vulnerable as the country deals with the coronavirus pandemic with a lockdown that Prime Minister Imran Khan says wil...
World Bank has approved a fast-track aid package of USD 7.3 million as COVID-19 support to Maldives.
World Bank stated the aid is aimed to support the efforts of Maldives to prevent, detect and respon...
