Gov’t will not make the economy worse: President’s Office

Spokesperson of President's Office, Mohamed Miuvan | Photo: President's Office

Malé, Maldives – Spokesperson of President’s Office, Miuvan Mohammed has said that the government will not do anything that will worsen the economic situation in the country.

Miuvan said this at a press conference at the President’s Office today, responding to a question from a journalist regarding the World Bank’s report on the island nations soaring debt.

Miuwan said he believes the government’s productivity will be maintained at the estimated level in this year’s budget. He also noted that the number of tourists coming to Maldives is increasing. The country’s inflation is also well calculated, he said.

Noting that the debt taken by Maldives is planned and carefully considered, Miuwan said every decision of the government is taken with good knowledge.

In addition, Miuwan said the World Bank report will be discussed among government agencies and the government will take necessary measures.

In response to the World Bank report, Finance Minister Ibrahim Ameer said the debt level would decline in the medium term due to the increase in productivity.

To achieve this, the policies will be changed in such a way that the impact on the people will be minimized, he said.