What are the latest news in Maldives?
Economic and Currency Reforms
- De-dollarization & Rufiyaa Policy: The Maldives Monetary Authority (MMA) announced a plan to transition all domestic payments to the Maldivian Rufiyaa (MVR) by 2030. Under updated foreign exchange regulations, tourist resorts and major operators are required to exchange a higher percentage of their foreign revenue into rufiyaa to ease domestic foreign-currency shortages. Muslim Network TV———
- Digital Economy Push (“Maldives 2.0”): President Mohamed Muizzu unveiled the Maldives 2.0 agenda at the SIDS Global Business Network Forum, aiming for the digital and tech sector to account for 15% of GDP by 2030. Initiatives include expanded digital payment infrastructure and plans for a dedicated Trade Acceleration Zone. -Indiatimes——–
- Visitor Numbers: Tourism figures reached over 1.4 million arrivals this year, with strong traffic from Asian and European markets.- One Online———
- TTM 2026 & Industry Summits: The 10th edition of Travel Trade Maldives (TTM) opened in Malé, connecting international operators and local hospitality leaders. -Visit Maldives – News——–
- Passport Validity Extension: Maldives Immigration announced temporary measures extending the validity of expiring passports due to international booklet supply constraints.
- Opposition Leadership Reshuffle: Hisaan Hussain resigned from the leadership of the main opposition Maldivian Democratic Party (MDP) amid broader internal party realignment.- see.mv———
- Weather Warnings: The Maldives Meteorological Service issued advisories projecting higher-than-average temperatures and irregular weather patterns across several atolls influenced by regional climate conditions.