Legislative changes to be brought for benefit of foreign investors

Finance Minister Ibrahim Ameer speaking at the Maldives Partnership Forum 2019, held at Kurumba Maldives from June 17-18. (Photo/Ministry of Finance)

Minister of Finance Ibrahim Ameer states that the government is trying to bring legislative changes to facilitate foreign investments.

Speaking at the ongoing Maldives Partnership Forum, Minister Ameer stated that the government is trying to reform the policies to make the Maldives a more desirable place for foreign investors.

That Minister said that “these changes will be brought for the benefit of investors in a way which does not compromise the sovereignty of Maldives.”

Ameer stressed that assistance of development partners was vital for the development of Maldives.

“The country cannot develop and prosper through the efforts of the country alone. We believe Maldives can only prosper with the assistance of the Maldivian people and development partners. Through collaborative effort,” said Ameer.

He said that the Maldives has made great strides in development, but still faced the challenge of delivering the benefits of the development to its people.

“Maldives will be developed as an island nation without sidelining any island. So that each and every island enjoys the benefits of development,” said Ameer, adding that the Maldivian administration, through its newly established Ministry of National Planning and Infrastructure, has compiled development plans and is ready to take the next step in realizing the plans.

The forum inaugurated at Kurumba Maldives is a two-day long forum that will end on June 17. It is forum held to discuss the development plans of the Maldives with its international partners. More than 60 delegations take part in this forum.