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Economy economic development / Economy Maldives Impact 7.0/10 1 min read
PayPal integration will expand Maldivian role in global digital economy, Economic Minister says

PayPal integration will expand Maldivian role in global digital economy, Economic Minister says

Economic Development Minister Mohamed Saeed stated that PayPal integration will expand Maldivian participation in the global digital economy. Speaking at an Ooredoo Maldives ceremony, he noted that the integration eliminates a barrier to digital economic participation. He called the milestone the culmination of efforts since President Muizzu assumed office on 17 November 2023. Minister Saeed said modernizing the domestic financial framework was a presidential directive to empower youth and women. He noted that initial efforts over six months yielded no results, requiring strategic shifts. PayPal selected Ooredoo Maldives as its strategic partner after the administration built a strong framework and secured trust.

Economic Development Minister Mohamed Saeed stated that PayPal integration will expand Maldivian participation in the global digital economy. Speaking at an Ooredoo Maldives ceremony, he noted that the integration eliminates a barrier to digital economic participation. He called the milestone the culmination of efforts since President Muizzu assumed office on 17 November 2023. Minister Saeed said modernizing the domestic financial framework was a presidential directive to empower youth and women. He noted that initial efforts over six months yielded no results, requiring strategic shifts. PayPal selected Ooredoo Maldives as its strategic partner after the administration built a strong framework and secured trust.

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Jun 15, 2026

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Economic Development Minister Mohamed Saeed stated that PayPal integration will expand Maldivian participation in the global digital economy. Speaking at an Ooredoo Maldives ceremony, he noted that the integration eliminates a barrier to digital economic participation. He called the milestone the culmination of efforts since President Muizzu assumed office on 17 November 2023. Minister Saeed said modernizing the domestic financial framework was a presidential directive to empower youth and women. He noted that initial efforts over six months yielded no results, requiring strategic shifts. PayPal selected Ooredoo Maldives as its strategic partner after the administration built a strong framework and secured trust.

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