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News political analysis / election Maldives Impact 8.0/10 5 min read
The Economy as a Campaign Tool: A Risky Bet for President Muizzu

The Economy as a Campaign Tool: A Risky Bet for President Muizzu

The article discusses how the Muizzu government is allegedly using economic leverage ahead of local council elections scheduled for April 2026. It claims the Finance Ministry is delaying payments to political parties, and state-owned companies are withholding payments to private firms while hiring temporary workers tied to the ruling party. Inflation is high, foreign reserves are low, and the black-market dollar has hit a record MVR 20. The article compares these tactics to international examples where economic manipulation backfired, including Nigeria, Spain, Uganda, Britain, Brazil, Turkey, and Pakistan.

The article discusses how the Muizzu government is allegedly using economic leverage ahead of local council elections scheduled for April 2026. It claims the Finance Ministry is delaying payments to political parties, and state-owned companies are withholding payments to private firms while hiring temporary workers tied to the ruling party. Inflation is high, foreign reserves are low, and the black-market dollar has hit a record MVR 20. The article compares these tactics to international examples where economic manipulation backfired, including Nigeria, Spain, Uganda, Britain, Brazil, Turkey, and Pakistan.

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Source

Maldives Republic

Published

Aug 13, 2025

Reading

5 min

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The article discusses how the Muizzu government is allegedly using economic leverage ahead of local council elections scheduled for April 2026. It claims the Finance Ministry is delaying payments to political parties, and state-owned companies are withholding payments to private firms while hiring temporary workers tied to the ruling party. Inflation is high, foreign reserves are low, and the black-market dollar has hit a record MVR 20. The article compares these tactics to international examples where economic manipulation backfired, including Nigeria, Spain, Uganda, Britain, Brazil, Turkey, and Pakistan.

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