Economic Ministry cautions against rumors to safeguard financial trust

The government, on Saturday, urged the public not to spread rumors that may undermine confidence in the country's financial system and disrupt the efforts made by the government towards economic recovery.

Responding to reports on social media suggesting that the Maldives is facing serious financial problems and, as a result, the Maldives government has decided to participate in an IMF program, the Ministry of Economic Development and Trade said in a statement that such basesless rumors are being spread to undermine confidence in the country's financial and banking system.