Economy

President Sets Mid 2028 Target for Housing Access as Greater Malé Projects Advance

F.S - September 7, 2026

President Dr Mohamed Muizzu answers questions on housing policy at a press briefing at the President's Office in Malé on 7 September 2026.

AgroNat to Move Under MIFCO as Government Pushes Ten Citizen Owned Resorts

F.S - September 7, 2026

President Dr Mohamed Muizzu outlines economic diversification and tourism ownership plans at a press briefing at the President's Office in Malé on 7 September 2026.

GST Amendment Seeks to Tax Foreign Tourism Sales: What the Destination Principle Means for the Maldives

F.S - August 18, 2026

A guesthouse in the Maldives sells a room for the night. It charges GST, because the law requires it. A company in another country...

HEP Muizzu takes the hard road on the reforms the Maldives kept deferring

F.S - August 12, 2026

Every serious assessment of the Maldivian economy over the past two decades has said a version of the same thing. The country earns its...

HEP Muizzu takes the hard road on the reforms the Maldives kept deferring

F.S - August 12, 2026

Every serious assessment of the Maldivian economy over the past two decades has said a version of the same thing. The country earns its...

Rufiyaa Slides Past MVR 21 as Reserves Fall and Debt Bills Come Due

F.S - July 15, 2026

The black market price of a US dollar in the Maldives climbed above MVR 21 this week for the first time on record. The...

MIRA Revenue Slips in May Even as Tourist Arrivals Recover, Exposing a Widening Gap Between Visitor Numbers and Tax Income

F.S - July 14, 2026

The Maldives Inland Revenue Authority collected 2.05 billion rufiyaa in May 2026, a figure that came in slightly below official projections and marked a...