Food Subsidy

Let them eat basmati

“I share the suspicion of many that the subsidies had to go first so they can make a grand comeback,” writes Dr Azra Naseem. “In their next incarnation they will return as a powerful symbol of President Yameen’s Largesse.”

President faces cross-party backlash over hike in food prices

Yameen said he had no choice but to hike food prices following a backlash from within his own party. The opposition has meanwhile accused him of mismanaging the economy

Government hikes food and electricity prices

Shops across the Maldives reported running out of food staples on Friday as customers rushed to buy rice, flour and sugar following an abrupt announcement by the government that it plans to cut food subsidies starting on Saturday

Public debt to reach MVR31 billion by end of 2014, reveals finance minister