business

Central Bank

Politics

President nominates ex-finance minister for central bank governor

The confirmation vote at parliament is expected next week.

29 Aug 2019, 9:00 AM

Politics

Ex-central bank governor blamed for inaction over corruption scandal

The anti-money laundering watchdog’s former top official testified to a parliamentary committee.

12 Aug 2019, 9:00 AM

Politics

Assistant governor resigns after president withdraws nomination

Neeza Imad, the assistant governor of the Maldives central bank, resigned Sunday after President Abdulla Yameen withdrew her nomination to replace the outgoing governor.

21 Aug 2017, 9:00 AM

Business & Tourism

Central bank defends bailing out government with GMR payout

The MMA confirmed to the Maldives Independent that it invested in a US$140 million government-guaranteed bond issued by the Maldives Airports Company Ltd on November 15, two days before the attorney general announced the payment of US$271 million in damages to the Indian infrastructure firm.

27 Nov 2016, 9:00 AM

Business & Tourism

Counterfeit MVR500 notes in circulation

Mariyam Hussein Didi, assistant governor of MMA, told reporters on Monday that some 20 counterfeit MVR500 notes had reached the bank so far.

06 Oct 2015, 9:00 AM

Culture

Independence 50 commemorative note on sale

An MVR5,000 (US$325) commemorative note issued by the Maldives Monetary Authority (MMA) to celebrate the golden jubilee of independence has been put on sale.

30 Jul 2015, 9:00 AM

Business & Tourism

Government revenue declines in May

Revenue collection declined in May due to a decrease in tourist arrivals and decline in revenue from Business Profit Tax. The government expenses rose due to spending on recurrent expenses.

02 Jul 2015, 4:32 PM

Business & Tourism

Newly appointed MMA governor reveals plans to strengthen economy

22 Apr 2014, 1:43 PM

News In Brief

MMA governor warns of having to print money

05 Nov 2013, 1:43 PM

Business & Tourism

Gross state reserves to reach US$310 million by June, MMA Governor warns parliament

25 Apr 2013, 7:14 PM

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