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Nasheed Calls for Full Transparency on Financial Crisis
Former President Mohamed Nasheed called for a transparent public explanation of the Maldives' financial situation after the Bank of Maldives altered foreign transaction limits on its cards. The bank announced on Sunday it would suspend foreign transaction allowances for cards linked to MVR accounts and cut the monthly limit on existing Standard and Gold credit cards to USD 100, with CEO Karl Stumke citing a large gap between foreign currency purchases and card usage.
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.
How the reporting differs
one source so far
Maldives RepublicNews outlet
Nasheed Calls for Full Transparency on Financial Crisis
approximately USD 60 million foreign currency purchased by Bank of Maldives
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
approximately USD 60 millionforeign currency purchased by Bank of MaldivesMaldives RepublicThe bank has purchased approximately USD 60 million in foreign currency this year, but card usage has been three times that amount.
Word for word from the report in Maldives Republic. Open the report
75%shortfall of foreign currency allocated to economic sectors versus discretionary spendingMaldives Republicwith a current disparity where 75% less foreign currency is allocated to economic sectors compared to discretionary spending.
Word for word from the report in Maldives Republic. Open the report
USD 100monthly foreign transaction limit for existing Standard and Gold credit cardsMaldives RepublicThis decision also includes reducing the monthly foreign transaction limit for existing Standard and Gold credit cards to USD 100.
Word for word from the report in Maldives Republic. Open the report
