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Government measures to mitigate dollar shortage show results
Government measures to ease the dollar shortage are showing results, with USD 1.9 billion released at the official rate — an 80 per cent increase over the previous Administration — and foreign exchange reforms improving access through formal banking channels. MP Ibrahim Falah made the remarks during Parliament's debate on the no-confidence motion against Minister Mohamed Saeed, rejecting the opposition's six grounds for removal as unfounded.
Sources1carried itME1 of 19 news outlets we monitor
Figures4as written, with their sentences
One outlet so far Only MM TV (English) 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
MM TV (English)News outlet
Government measures to mitigate dollar shortage show results
USD 1.9 billion Foreign currency released at the official rate
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
USD 1.9 billionForeign currency released at the official rateMM TV (English)The Government has released USD 1.9 billion at the official rate, an 80 per cent increase over the previous Administration
Word for word from the report in MM TV (English). Open the report
80 per centIncrease in official-rate dollar releases versus previous AdministrationMM TV (English)The Government has released USD 1.9 billion at the official rate, an 80 per cent increase over the previous Administration
Word for word from the report in MM TV (English). Open the report
MVR 8 billionMonetary financing increasing rufiyaa liquidityMM TV (English)Around MVR 8 billion in monetary financing between 2020 and 2023 increased rufiyaa liquidity without a corresponding rise in dollar inflows
Word for word from the report in MM TV (English). Open the report
MVR 15.42Exchange rate referenced in debateMM TV (English)He questioned whether dollars had been widely available at MVR 15.42 during the previous administration and noted that Minister Saeed had not held the economic portfolio at the time.
Word for word from the report in MM TV (English). Open the report
Other events named
no clear day, as worded
Parliament debated the no-confidence motion against Minister of Economic Development, Transport and Trade Mohamed Saeed.ParliamentMM TV (English)Inguraidhoo Member of Parliament Ibrahim Falah stated during Parliament’s debate on the no-confidence motion against Minister of Economic Development, Transport and Trade Mohamed Saeed.
Word for word from the report in MM TV (English). Open the report
