MDP slams alleged MVR 2.5B money printing plan

3 days ago

The alleged plan by the central bank to print MVR 2.5 billion is unlawful, and sets a dangerous precedence, says the main opposition Maldivian Democratic Party (MDP). Last week, the board of the Pension Administration Office approved a decision to sell a government bond in the secondary market in collaboration with the central bank, the Maldives Monetary Authority (MMA). The move has