Maldives government remains confident in its ability to improve reserves and meet debt obligations. Currently, Maldives reserves stand at USD 444 million, with usable reserves at USD 61 million.
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Maldives' foreign minister Moosa Zameer speaks to the press in Colombo on September 13, 2024. "We have bilateral partners who are very sensitive to our needs and our situation," Zameer told reporters in Colombo on September 13. -- Photo: Ishara S. Kodikara / AFP
Malika Shahid
2024-09-14 16:51:25
Minister of Foreign Affairs Moosa Zameer has stated that the current economic challenges facing the Maldives are temporary and that the country is unlikely to seek assistance from the International Monetary Fund (IMF).
Speaking to reporters during his visit to Sri Lanka, where he is accompanied by Minister of Finance Dr Mohamed Shafeeq to meet with the Central Bank and other officials, Zameer said that the Maldives has international partners who are prioritizing support for the country.
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