Hi, I'm Viyu. Ask me about the stories collected here. I answer only from them, with numbered links to the outlets that published them, and I say so when they do not cover it.
Munawar Outlines Policy Approach During Committee Vetting; Governor Nomination Green-Lit for Final Floor Vote
MMA Governor-designate Ahmed Munawar told Parliament's Public Accounts Committee that the Maldives' fixed exchange regime remains important and should not be abandoned, while also calling for stronger currency exchange licensing and local card operations. The committee decided after Tuesday's sessions to move forward with approving his nomination for a floor vote in Parliament.
Sources1carried itMR1 of 19 news outlets we monitor
Figures3as written, with their sentences
One outlet so far Only Maldives Republic has reported this among the sources we monitor. A gap in what we monitor, not proof that others did not report it.
What happened
in order; days are read from the reports' words and dates
Mon 29 JulAhmed Munawar answered a question from MP Ahmed Azaan Marzooq on releasing central bank controls on the US dollar exchange rate during a Pu…Public Accounts Committee of the Parliamenton Mondayonly Maldives RepublicMunawar made his comments in response to a question from Ahmed Azaan Marzooq, the Member of Parliament (MP) for Central Hithadhoo, during a meeting of the Public Accounts Committee of the Parliament on Monday.
Word for word from the report in Maldives Republic. Open the report
Who said what
the reports' own quoted words, each once
The fixed exchange regime is still important for the Maldives at the moment. It is the mechanism of foreign exchange inflows to the Maldives. If floated, it will be a huge challenge for the MMA to manage stability to deliver [maximum] bene…
We cannot use the law to force businesses to bring the money in. The Maldives does not have banks that provide this service. If development banks and international banks can be brought in to provide this service, they [businesses] will wan…
“Expatriates are remitting US$580 million every year. This is sending a lot of funds overseas. Expatriates need to be regulated within the [financial] system. Expatriates will be needed as the economy expands,”
“Currency exchange licences should be further strengthened and existing licenses should be further reviewed. Curreny exchanges should be properly maintained to the extent that the MMA can monitor them,”
Nothing to compare yet. If another monitored source reports it, its headline appears beside this one.
Figures in these reports
as written, with the sentence they come from
MVR 15.42 to US$1MMA-controlled US dollar exchange rateMaldives Republicthe exchange rate controlled, by the MMA, at MVR 15.42 to US$1.
Word for word from the report in Maldives Republic. Open the report
between MVR 16 and MVR 19 per US$1Black market US dollar price rangeMaldives Republicprices have been known to fluctuate between MVR 16 and MVR 19 per US$1.
Word for word from the report in Maldives Republic. Open the report
US$580 million every yearAnnual expatriate remittances out of the MaldivesMaldives Republic“Expatriates are remitting US$580 million every year. This is sending a lot of funds overseas.
Word for word from the report in Maldives Republic. Open the report
Other events named
no clear day, as worded
The Public Accounts Committee decided to move forward with approving President Muizzu's nomination of Munawar as Governor, to be put to a floor vote in Parliament.after Tuesday’s sessionsMaldives RepublicThe Public Accounts Committee, after Tuesday’s sessions, decided to move forward with approving President Muizzu’s nomination of Munawar as Governor.
Word for word from the report in Maldives Republic. Open the report
