Connect with us

Hi, what are you looking for?

News

Maldives Monitoring Economic Risks Amid Middle East Crisis, Says Finance Minister Zameer

Finance Minister Dr Mohamed Shafeeq Zameer has confirmed that the Government of Maldives, under the leadership of President Dr Mohamed Muizzu, is actively assessing the potential economic fallout from the ongoing crisis in the Middle East.

In a public statement, Minister Zameer noted that the government is paying close attention to developments that could impact the country’s energy markets, food security, and overall financial stability.

Advertisement

“With the situation in the Middle East rapidly evolving, we are monitoring its potential effects on key sectors of our economy,” said Zameer. “This includes tracking fluctuations in fuel prices, inflationary pressures, and disruptions to global trade flows.”

The Finance Ministry, in coordination with other relevant institutions, is undertaking real-time analysis of market trends and implementing precautionary measures to mitigate possible adverse outcomes. The minister emphasized that preparedness is a top priority for the administration.

“We remain committed to safeguarding the interests of all Maldivians and ensuring the country’s resilience against global economic shocks,” he said.

President Muizzu has consistently underscored the importance of economic stability in his administration’s policy agenda. His government has prioritized boosting national preparedness, diversifying trade partnerships, and reinforcing food and energy security in the face of external vulnerabilities.

As geopolitical tensions continue to send shockwaves through global markets, the Maldives—being heavily reliant on imports—is especially exposed to disruptions in supply chains and commodity prices. The government’s proactive stance reflects a broader strategy to maintain economic continuity and protect the well-being of its citizens during uncertain times.

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related articles

News

The Ministry of Finance and Planning has instructed all government bodies and state institutions to deposit the Ramadan allowance for eligible employees on 12...

News

Two babies have been successfully born through in vitro fertilisation (IVF) at the National Fertility Centre, marking a significant milestone for fertility care within...

News

President Mohamed Muizzu is set to engage in high-level official talks during an upcoming visit to Germany, where discussions are expected to focus on...

News

The Maldives has set a new milestone in its tourism sector after recording 10,253 tourist arrivals on 1 February 2026, marking the highest number...