AGP Executive Report
Last update: 5 hours agoDiplomacy: President Sheikh Mohamed received credentials from 18 newly appointed ambassadors to the UAE, signaling fresh push to deepen ties across Europe and beyond, including the Maldives. Public Finance & Safety Nets: Maldives Inland Revenue Authority (MIRA) recovered MVR 3.5bn in outstanding revenue in the first six months, with total arrears at MVR 14.5bn by end-June. Financial Regulation: The Maldives Monetary Authority (MMA) raised minimum capital requirements for payment service providers, aiming to strengthen financial resilience and public confidence. Drug Enforcement: Police arrested nine people in Malé in a drug trafficking case involving Bangladeshi nationals, with investigations ongoing. Health Infrastructure: The Health Ministry laid the foundation for a Central Cold Chain Facility in Hulhumalé under an ADB-funded project to improve vaccine and medical storage. Regional Solidarity: President Muizzu pledged MVR 1m to Nepal’s disaster relief fund after deadly floods and landslides. Connectivity & Development: India’s MEA called the Greater Malé Connectivity Project a “stellar” Neighborhood First example as the first bridge segment was completed. Tourism & Governance: Maldives Ports Limited signed an MoU with a Chinese firm for Phase 1 of Thilafushi Port, drawing strategic concerns.
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