The former Minister of Finance, Moosa Zameer, has stated that the economic policies implemented by President Dr. Mohamed Muizzu are internationally recognized and beneficial to the citizens. At a time when there were significant concerns regarding a potential sovereign default, the President’s decision to manage debt obligations without external bailouts has resulted in the repayment of one billion dollars in debt to date. Zameer highlighted that international financial institutions have upgraded the Maldives’ ratings as a direct result of these robust policies. Furthermore, he noted that the risk of the Maldives defaulting on its debt has been eliminated, and he expressed his steadfast commitment to supporting President Muizzu’s economic reform initiatives.
