Economy World Bank / fiscal transparency Maldives Impact 7.0/10 2 min read

Word Bank Concerned as Government Fails to Update Weekly Fiscal Developments

The World Bank expressed concern over the Ministry of Finance's failure to publish Weekly Fiscal Development reports since 20 June, citing transparency issues. The Mohamed Muizzu administration last published the reports on 20 June, and the Finance Ministry has not released them for 113 days. Moosa Zameer took over as Finance Minister after Mohamed Shafeeq's resignation, but no progress has been made. The opposition Maldivian Democratic Party (MDP) and other observers have also raised transparency concerns.

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Maldives Republic

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Oct 11, 2024

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📋 Story Brief

The World Bank expressed concern over the Ministry of Finance's failure to publish Weekly Fiscal Development reports since 20 June, citing transparency issues. The Mohamed Muizzu administration last published the reports on 20 June, and the Finance Ministry has not released them for 113 days. Moosa Zameer took over as Finance Minister after Mohamed Shafeeq's resignation, but no progress has been made. The opposition Maldivian Democratic Party (MDP) and other observers have also raised transparency concerns.

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Maldives Republic

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