'Fixing USD crunch requires longer presidential term'

8 hours ago

Business tycoon Champa Mohamed ‘Uchchu’ Moosa believes that fixing the US dollar crunch facing the Maldives requires extending the presidential term from the current five to 10 or even 15 years – an opinion that he acknowledges might anger some. The Maldives, despite generating billions in USD revenue each year from its booming tourism industry, faces a severe USD crunch, pushing