Opposition expected government to go bankrupt in three months: Saeed

Minister of Economic Development and Trade Mohamed Saeed said last night that the opposition Maldivian Democratic Party (MDP) expected the government to go bankrupt within three months and had hoped to regain power.

Speaking on state media PSM's "Hafthaa 52" programme, Saeed said that the Maldivian Rufiyaa has depreciated significantly after the previous government printed nearly MVR 8 billion.