Maldives to Dollarize Tax Revenues and Pensions Amid Forex Shortages
The Maldives’ cabinet of ministers has approved a plan to dollarize a portion of the country’s government revenues, including income tax, customs duties,.
Economics
Economics
Fitch Downgrades Maldives Credit Rating to ‘CC’ Amid Falling Reserves and Rising Debt
Fitch Ratings has downgraded the Maldives’ credit rating from CCC+ to CC, citing a decline in foreign reserves and the upcoming repayment of.
- September 2, 2024