The Ministry of Finance and Planning’s latest Weekly Fiscal Developments report shows that the Maldives has maintained a fiscal surplus in the early months of 2026, supported largely by continued growth in tourism-related tax revenues, even as expenditure pressures remain.

Cumulative revenue and grants reached MVR 12.4 billion by early April, reflecting an increase ...

The Maldives’ recent economic rebound is expected to lose momentum as external shocks and structural vulnerabilities begin to weigh more heavily on growth, according to the latest Asian Development Outlook.

Economic activity strengthened in 2025, with GDP growth estimated at 5.4%, driven largely by tourism and a strong recovery in the fisheries sector. Both sectors ...

The United Kingdom has shelved plans to formalise its agreement with Mauritius over the Chagos Islands, after failing to secure formal confirmation of support from the United States.

The agreement, signed in May 2025, would have transferred sovereignty of the Chagos archipelago to Mauritius while allowing the UK and the United States to continue operating a joint mi...

Inflation in the Maldives picked up in February, according to the Maldives Bureau of Statistics, with rising food and utility prices pushing up the overall cost of living despite weak annual price growth.

The Consumer Price Index (CPI) increased by 0.67 percent compared to January, reversing the decline recorded in the previous month. However, on an annual basis, pr...

Stronger tax inflows and a rebound in tourism pushed government revenue collections above expectations in March, though a closer look at the figures suggests that a significant share of the gains came from recovering previously unpaid dues rather than fresh economic activity.

Total revenue reached MVR 4.03 billion, including USD 205.18 million in dollar-denominated ...