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Fayyaz Warns Pension Fund at Risk as Muizzu Government Monetises Debt
MDP chairperson and opposition leader Fayyaz Ismail accused the Mohamed Muizzu government of forcing the Maldives Monetary Authority to print money through a devious transaction, saying the move puts the Maldives Retirement Pension Scheme at risk. He urged the government to submit any decision to print money to Parliament and to be transparent about potential rupiah depreciation, inflation and weakening purchasing power; the government and MMA have not commented.
Sources1carried itMR1 of 19 news outlets we monitor
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
It’s no surprise that the government is forcing MMA to monetize fiscal expansion
This puts the integrity of the Maldives Retirement Pension Scheme at risk, and, when the Pension Fund is compelled to be involved in such an act, one could only imagine the extent to which this government is willing to fall