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Maldives ready for fiscal reforms with SOE restructuring start: Finance minister
The Maldivian government on Monday acknowledged shortcomings in implementing debt-reduction measures and announced a renewed commitment to fiscal reform, starting with a focus on state-owned enterprises (SOEs). Finance Minister Dr Mohamed Shafeeq made the announcement during a discussion on the World Bank report “Scaling Back and Rebuilding Buffers.” Dr Shafeeq admitted that planned reforms from […]
The first Saudi Arabian embassy opens in the Maldives at Hotel Jen
The first Saudi Arabian Embassy for the Maldives has opened in Male’. The embassy opened last Sunday and is based at Hotel Jen.