President Dr. Mohamed Muizzu said the launch of PayPal in the Maldives fulfils a pledge he made to the public and opens international markets to Maldivian creators. He framed it as part of a strategic infrastructure blueprint aimed at making the Maldives a developed nation by 2040 through economic diversification.
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He noted that work on the Dhiraagu International Submarine Cable, undertaken with Google, had begun in keeping with that aim, and that the Maldives stands ready for the most advanced digital infrastructure.
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