In remarks at a ceremony launching the Maldives Financial Sector Awards and marking the 45th anniversary of the Maldives Monetary Authority, Finance Minister Hassan Zareer highlighted policy coordination between the government, the central bank and financial institutions as a core condition for economic resilience and sustainable growth. In that context, he said improving access to foreign currency and strengthening the foreign exchange system remain key government priorities, while also calling for aligned fiscal and monetary policies and transparent communication. The speech framed the Maldives Monetary Authority as central to financial sector development, including expanded financial services and digital innovation, and credited it with helping maintain monetary stability. Zareer also cited the successful repayment of the sovereign sukuk as an example of prudent financial management and strong institutional coordination, saying it had strengthened fiscal indicators and investor confidence. He welcomed the launch of the Maldives Financial Sector Awards and thanked the central bank's leadership, staff and stakeholders for their role in the sector's development.
Ministry of Finance (Maldives)2026-07-02
Maldives Ministry of Finance highlights fiscal monetary coordination and foreign exchange priorities at Maldives Monetary Authority anniversary event
At an event marking the Maldives Monetary Authority's 45th anniversary and launching the Maldives Financial Sector Awards, the Maldives Ministry of Finance stressed closer coordination between fiscal and monetary authorities. Minister Hassan Zareer said improving access to foreign currency and strengthening the foreign exchange system remain government priorities, and cited the sovereign sukuk repayment as evidence of prudent financial management and institutional coordination.