Chief Government Spokesperson Mohamed Hussain Shareef (Mundhu) has stated today that Moosa Zameer resigned from the post of Finance Minister today of his own volition due to health reasons, and not on instructions from the president. 

Speaking to Mihaaru News, Mundhu dismissed rumours that Zameer had resigned due to a request from President Dr Mohamed Muizzu. Mundhu revealed that Zameer had cited health concerns as his reason for resignation in his letter. 

The government expressed gratitude to Zameer for his service to the administration in two distinct cabinet positions. 

Zameer's resignation letter states he was hospitalized for treatment last year and now requires in-patient care once again. He expressed concern that his condition may prevent him from dedicating the necessary time to his responsibilities, and said he believes stepping down at this point is in the public's best interest. 

In the letter, Zameer assured that although he is resigning from his post, he will continue to contribute towards the president's national political ideology to the best of his abilities. 

In this administration, Zameer initially served as Minister of Foreign Affairs. He was later appointed as Finance Minister on September 30, 2024. 

Public Enterprises was then added to the Finance Ministry's mandate during a cabinet reshuffle in April this year.

Following the new appointments to the cabinet, Zameer became one of the most senior ministers. As such, he was selected as Chair of the cabinet committee on mitigating the impacts of the Middle East war, as well as serving as the President of the Local Government Authority's Board. 

While Zameer has resigned today, Maldives' credit rating was raised by Fitch Ratings last week. Maldives has also successfully repaid the USD 500 million sovereign sukuk due in April.