Yameen: MVR 2.5B investment same as money printing

4 days ago

The Maldives Monetary Authority (MMA)’s move to invest MVR 2.5 billion in the pension fund and then have the Pension Administration Office invest the money in a government bond will have the same economic implications as money printing, says former Maldivian President Dr. Mohamed Muizzu. Last week, the board of the Pension Administration Office approved a decision to sell a government