MMA Governor mum on USD crisis fix in closed PAC talks

4 days ago

Despite a closed-door meeting between the Parliament’s Public Accounts Committee and the Maldives Monetary Authority (MMA) on Monday morning, requested thus by Governor Ahmed Munawar to discuss the USD shortage, the Governor has reportedly refrained from providing a timeline for resolving the dollar crisis. This shortage has caused the black market rate for USD to exceed MVR 20, leading to growing