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Opposition Leader Slams Government’s Plan to Print MVR 15 Billion
Opposition leader and MDP Chairperson Fayyaz Ismail criticised the Mohamed Muizzu administration's plan to print MVR 15 billion, warning it would raise inflation and questioning the Maldives Monetary Authority's legal authority to print money for investment purposes. The article also notes that President Muizzu had previously criticised his predecessor's reliance on money printing and said his administration had halted debt monetisation.
Sources1carried itMR1 of 19 news outlets we monitor
Figures1as 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.
Who said what
the reports' own quoted words, each once
Within the already fragile economic context of our nation, en masse printing of currency with no plan to ease real burdens on people will only lead to higher inflation, with the average citizen bearing the brunt of the impact
