MM English - Economy

Tue, 10 Feb 2026

|

DHIVEHI

Economy

MVR 768.5 billion moved via account transfers in 2024

Usable reserves rise by USD 10 million in July

President pledges equitable development for Kamadhoo

July income tax hits MVR 1.6 billion

34 new forex licences issued by MMA

MMA to launch national QR code payment system next year

Payment on subsidies reduced by 28% as part of fiscal consolidation efforts

Direct fish exports from Addu City to begin next month

MIFCO in discussions to take over Ensis cannery in Hulhumalé

Maldives attracted 108 foreign investments over the past year: Economic Minister

Dollar availability in banking system boosted by Government policies

MPL sees 6% rise in container clearance in July

Maldives’ forex reserves rise to USD 832M

STO sells onions at MVR 15 per kg amid shortage

CMDA, UNDP launches Joint Financing Facility to support blue economy MSMEs

Government’s bunkering initiative earns MVR 157 million in under a year

Over 900 containers cleared through MPL last week

Sovereign Development Fund deposits rise 50% amid renewed fiscal focus

Government subsidy spending falls by 19 percent

Maldives exports rise 12.2% in first half of 2025, driven by fish exports

Maldives plans MIFCO showroom in Sri Lanka