President Muizzu Dismisses Opposition’s False Claims on Money Printing

President Dr Mohamed Muizzu dismissed opposition claims that his government is printing money to finance state spending. Speaking in Fonadhoo, Laamu Atoll, he stated that the government is paying debts through disciplined financial management without printing money. He noted that billions of rufiyaa in unpaid bills were left by the previous government and that about a billion rufiyaa remains. He emphasized that all verified bills will be paid within a five-week window and that the economy is being stabilized through real sector growth in tourism, fisheries, and construction.

President Dr Mohamed Muizzu dismissed opposition claims that his government is printing money to finance state spending. Speaking in Fonadhoo, Laamu Atoll, he stated that the government is paying debts through disciplined financial management without printing money. He noted that billions of rufiyaa in unpaid bills were left by the previous government and that about a billion rufiyaa remains. He emphasized that all verified bills will be paid within a five-week window and that the economy is being stabilized through real sector growth in tourism, fisheries, and construction.

President Dr Mohamed Muizzu dismissed opposition claims that his government is printing money to finance state spending. Speaking in Fonadhoo, Laamu Atoll, he stated that the government is paying debts through disciplined financial management without printing money. He noted that billions of rufiyaa in unpaid bills were left by the previous government and that about a billion rufiyaa remains. He emphasized that all verified bills will be paid within a five-week window and that the economy is being stabilized through real sector growth in tourism, fisheries, and construction.

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