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PCB Abruptly Removes Five Solih-Era Appointees From BML Board

The Privatization and Corporatization Board abruptly revoked the appointments of five Bank of Maldives board members, including chairperson Yooshau Saeed, on Thursday, leaving only five members on the board against a legal minimum of eight. The report also notes BML has been refusing to implement a Cabinet decision raising the foreign card limit for students studying abroad to US$1,200 per month from 1st of February.

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  • US$1,200 card limit for students studying abroad Maldives Republic increase the card limit for students studying abroad to US$1,200 per month starting 1st of February

    Word for word from the report in Maldives Republic. Open the report

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