Minister Mohamed Saeed stated that Fitch Ratings’ decision to upgrade the Maldives’ credit rating from “CC” to “CCC-” signifies a renewed confidence in the nation’s economic direction. The Minister highlighted that this achievement is a direct result of President Dr. Muizzu’s robust fiscal policies, maintained even amidst significant challenges, which have notably bolstered investor confidence. According to the Fitch report, the Maldivian economy is projected to further strengthen in the medium term, driven by growth in the tourism sector and ongoing infrastructure investments.
