Category: News

President Abdulla Yameen Abdul Gayoom has stated that Maldivian youth should, through active participation, be the embodiment of national progress. The President made this statement while speaking at the event held this evening to celebrate this year’s Youth day. The event was organised by the Ministry of Youth and Sports. While speaking at the event held in Dharubaaruge President Yameen […]

President Abdulla Yameen Abdul Gayoom has urged all Maldivian citizens to abide by the law, respect each other and put forth patriotism. The President made these remarks in his address to the nation on the occasion of this year’s National Day. The Maldives celebrates its National Day on the 1st of Rabi-ul-Awwal. In his address, the President has stated that […]

President Abdulla Yameen Abdul Gayoom and First Lady Fathimath Ibrahim have inaugurated the “Hiyaa” housing project, as part of the administration’s housing policy. The ceremony was held at the Hulhumale phase 2 area, where the Hiyaa towers are to be developed. The “Hiyaa” housing project is aimed at resolving the housing issues being faced by around eighty thousand individuals of […]

Moody’s Investors Service says that the credit profile of the Government of Maldives (B2 stable) is supported by the country’s healthy economic growth and competitive tourism sector. Maldives also demonstrates strong debt affordability metrics  due to a large revenue base  and a well-funded banking system. However, robust growth has been accompanied by budget and current account deficits, and a ramp-up […]