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In the news, last 90 days

Politics Government hesitant to vote on Ras Male' land allocation to Eagle Hills due to corruption concerns: MP Mauroof MP Mauroof Zakir said the government is refusing to hold a public referendum on the permanent allocation of a large area of Ras Male' to Eagle Hills because the deal involves deception, fraud and corruption. Speaking at an emergency rally on Friday night, he called on the government to publicly explain the project's economic and commercial benefits and said the public must be consulted before state-owned land is granted to a foreign entity. Raajje (English) Source (opens Raajje (English) in a new tab)
Politics Economic Minister Saeed deflects accountability for rising dollar rates, says MMA responsible Economic Minister Mohamed Saeed told Parliament that the Maldives Monetary Authority, not his ministry, is legally responsible for rising black-market dollar rates and commodity prices, responding to a no-confidence motion. The motion, backed by 13 opposition lawmakers, alleges he failed to implement economic reform policies and had earlier pledged to bring the dollar rate below MVR 15.42. 2 outlets : One Online, Adhadhu (English) Source (opens Adhadhu (English) in a new tab)
Politics MDP MPs warn rule changes now block minority from raising urgent issues MDP MPs said that amendments to the Rules of Procedure in the 20th Parliament have closed the door on opposition members moving and debating resolutions, limiting their ability to raise urgent public concerns. The rules were changed in late October to require a vote on the adoption of resolutions before any debate takes place. Sun English Source (opens Sun English in a new tab)
Politics Minister Saeed's failure to address six points raised by MDP, opting instead for irrelevant rhetoric, is the primary reason for his loss of confidence: Mauroof A no-confidence motion against Minister of Economic Development, Transport, and Trade Mohamed Saeed, signed by 13 MDP members, was debated and rejected at a People's Majlis sitting on Wednesday, with 10 votes in favour and 54 against. MP Mauroof Zakir said the Minister failed to address the six specific points raised, instead spending his allotted hour on rhetoric about the previous MDP administration. 2 outlets : Raajje (English), Sun English Source (opens Raajje (English) in a new tab)
Politics Dollar rate could fall to MVR 10 if PNC stays in power for 15 years: Falaah During a parliamentary debate on a no-confidence motion against Economic Minister Mohamed Saeed, PNC Parliamentary Group Leader Ibrahim Falaah said the dollar could fall to MVR 10 if the ruling PNC stays in power for another 10 to 15 years, blaming the previous MDP government for dollar appreciation. Saeed responded with USD disbursement figures, saying USD 1.9 billion had been issued at the official rate during the first three years of President Dr Mohamed Muizzu's administration. 2 outlets : The Edition, Sun English Source (opens The Edition in a new tab)
Economy Government issued over 80 percent more USD than previous administration: Saeed Economic Minister Mohamed Saeed said the current government has issued 80 percent more US dollars at the official exchange rate than the previous administration, citing USD 1.9 billion issued over the first three years against USD 1.75 billion disbursed between 2021 and November 17, 2023. He was responding to a no-confidence motion filed by 13 MDP MPs in Parliament on 4 Nov. 3 outlets : Ministry of Economic Development & Trade, The Edition, Sun English Source (opens The Edition in a new tab)
Economy Saleem to lead Budget Committee, Fazad as vice chairperson Parliament's Budget Committee unanimously approved Eydhafushi MP Ahmed Saleem as chairperson and Central Fuvahmulah MP Ali Fazad as vice chairperson to review the government's proposed MVR 59.7 billion budget for next year. The proposed budget is about MVR 4 billion lower than this year's MVR 64.2 billion, though recurrent expenditure is projected to rise to MVR 42.7 billion, with the health sector receiving the largest allocation at MVR 10.2 billion. 3 outlets : MM TV (English), Sun English, Raajje (English) Source (opens Sun English in a new tab)
Politics PNC uses Parliament supermajority to foil no-confidence motion against economic minister The ruling People's National Congress used its parliamentary supermajority to defeat a no-confidence motion against Economic Minister Mohamed Saeed, which was voted down 54-10 on Wednesday. The motion, filed by the MDP on August 1, accused the minister of dereliction of duty and failing to implement economic reform policies, and Saeed rejected the allegations during his response. 8 outlets : One Online, MM TV (English), Raajje (English) and 5 more Source (opens Sun English in a new tab)
Politics MP Thariq questions MDP’s call for referendum on Rasmalé project Mahibadhoo MP Ahmed Thariq questioned the MDP's call for a public referendum on the Rasmalé development during a parliamentary debate on a no-confidence motion against Minister of Economic Development, Transport and Trade Mohamed Saeed, arguing the opposition's stance is inconsistent with past island and lagoon lease agreements made without referendums. He also dismissed the likelihood of the motion passing, citing the ruling PNC's parliamentary majority. MM TV (English) Source (opens MM TV (English) in a new tab)
Economy Minister Saeed outlines measures to curb price hikes and ease... Minister of Economic Development, Transport and Trade Mohamed Saeed, responding to a no-confidence motion in Parliament, outlined measures to curb price hikes, including expanding the essential goods list from 26 to 80 items and widening STO-price retail access across islands. He said the Maldives Bureau of Statistics had published an Essential Commodities Price Index and pointed to the proposed budget as showing eased food price inflation this year. MM TV (English) Source (opens MM TV (English) in a new tab)
Politics Elections Commission announces final results of LGA board election The Elections Commission announced the final results of Saturday's Local Government Authority board election, in which 707 of 807 eligible voters cast ballots. Faafu Nilandhoo Council President Ali Ahmed won the island councillors' seat with 314 votes and Shaviyani Funadhoo Women's Development Committee President Mariyam Zeena took the committee presidents' seat with 93 votes, both representing the PNC, while Kulhudhuffushi City Mayor Mohamed Athif had already won the city councils' seat unopposed. MM TV (English) Source (opens MM TV (English) in a new tab)
Economy Major investments must yield at least 50 percent equity for Maldives: Ameer Former Finance Minister Ibrahim Ameer said the Maldives should secure at least a 50 percent equity stake in major foreign investments, and criticised the Ras Male' project as economically irrational. He was speaking at the 38th meeting of the MDP National Council's fourth session on Sunday night. Raajje (English) Source (opens Raajje (English) in a new tab)

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