Committee Approves Hassan Zarir as Finance Minister
Parliamentary Committee unanimously endorses Hassan Zarir as Finance Minister and approves President Muizzu’s ministerial restructuring.
Maldives Revenue Climbs 10% on Tourism Tax Growth
The Maldives sees a 10.1% revenue increase in 2026, driven by surging tourism taxes and significant infrastructure investments.
Fitch Upgrades Maldives’ Credit Rating to ‘CCC-‘
Fitch Ratings upgrades the Maldives' credit rating to 'CCC-' following the successful repayment of a major sovereign sukuk debt.
State Revenue Rises 12% to Record MVR 118 Million Surplus
State revenue grew by 12.2% to MVR 16.8 billion by mid-May 2026, resulting in a MVR 118.2 million surplus despite rising subsidy and wage costs.
