Measures to resolve dollar shortage being formulated

Minister Shafeeq has said that steps are being taken to resolve the dollar shortage in Maldives. He stated that measures to end black market transactions are being reviewed and steps that needs to be employed by the State are being identified within this.

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Minister of Finance, Dr Mohamed Shafeeq during his interview with Mihaaru News. -- Photo: Fayaz Moosa / Mihaaru News

Aishath Shuba Solih

2024-04-25 11:27:43

Minister of Finance, Dr. Mohamed Shafeeq, has emphasized the implementation of crucial measures to address the dollar shortage issue Maldives and reduce the country's dependency on the currency.

During an interview with Mihaaru News, Minister Shafeeq stated that the Ministry is working closely with the central bank, Maldives Monetary Authority (MMA) in order to resolve this issue.

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