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MMA Moves to Print Record MVR 15 Billion Despite Muizzu’s Pledge
The Maldives Monetary Authority has reportedly approved the issuance of nearly MVR 15 billion to buy 20 hectares of land from Urban Isle in the second phase of Hulhumalé, the highest amount in the nation's history and at odds with President Mohamed Muizzu's earlier pledge not to print money. Neither MMA, Governor Ahmed Munawwar, the Housing Development Corporation nor the Muizzu administration has commented, while experts warn the move could devalue the Maldivian rufiyaa and contradict recent IMF advice on fiscal reforms.
Sources1carried itMR1 of 19 news outlets we monitor
Figures2as 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
Sat 8 MarThe Economic Council held an emergency meeting, which was held on an official holiday.on Saturdayonly Maldives RepublicThe decision follows an emergency meeting of the Economic Council on Saturday, which was held on an official holiday.
Word for word from the report in Maldives Republic. Open the report
How the reporting differs
one source so far
Maldives RepublicNews outlet
MMA Moves to Print Record MVR 15 Billion Despite Muizzu’s Pledge
nearly MVR 15 billion amount of money reportedly to be printed
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
nearly MVR 15 billionamount of money reportedly to be printedMaldives RepublicThe Maldives Monetary Authority (MMA) has reportedly decided to print nearly MVR 15 billion, the highest amount in the nation’s history, despite President Mohamed Muizzu’s earlier pledge not to print money under his administration.
Word for word from the report in Maldives Republic. Open the report
20 hectaresland to be purchased from Urban IsleMaldives RepublicAccording to multiple sources, the MMA board has approved the issuance of MVR 15 billion to purchase 20 hectares of land from Urban Isle in the second phase of Hulhumalé.
Word for word from the report in Maldives Republic. Open the report
