In remarks at the SIDS Global Business Network Forum 2026 and Island Investment Forum, the Maldives Ministry of Finance emphasized the role of digital technology in overcoming the constraints of distance and scale faced by Small Island Developing States. Digitalization, artificial intelligence, e-governance, fintech and other emerging technologies can improve services, connect communities, support businesses and create economic opportunities. Finance Minister Hassan Zareer said governments must support technology adoption through sound policies, strong institutions and clear regulations. He also framed the forum as a platform to connect ideas with financing and develop private-sector partnerships and investment opportunities across small island economies.
2026-08-24Ministry of Finance (Maldives)
Maldives Ministry of Finance highlights digital technology and enabling regulation as growth drivers for island economies
The Maldives Ministry of Finance highlighted digital technology as a means to overcome distance and scale constraints in Small Island Developing States. Finance Minister Hassan Zareer emphasized the need for sound policies, strong institutions and clear regulations to support adoption and economic growth.