Maldives’ economy safe from bankruptcy as tourism grows, says Presidential Advisor
The Maldives’ economy will not face bankruptcy as long as the global tourism industry continues to expand, according to Presidential Tourism Advisor Mohamed Khaleel. Speaking at the GM Forum, organised by Hotelier Maldives at Crossroads today, Khaleel addressed concerns about the nation’s financial stability, including the risk of defaulting on foreign debt. Khaleel acknowledged that […]
Maldives records 2.4 per cent increase in tourist arrival in 2015
According to a press release by the Ministry of Tourism, tourist arrivals for the year 2015 totalled 1,234,288 tourists.