MMA deputy governor Imad resigns in protest

1 week ago

Ahmed Imad resigned from his role as deputy governor of the Maldives Monetary Authority (MMA) on Monday, in protest of recent decisions by the central bank, including the plan to opt for money printing or monetary financing to meet Maldives’ staggering debt obligations. During his 2023 presidential campaign, President Dr. Mohamed Muizzu vowed he would never print money, as his predecessor