'People no longer believe Maldives will go bankrupt'

10 hours ago

Economic Minister Mohamed Saeed says people no longer believe the Maldives will go bankrupt, adding that the Maldivian people have proven to be far smarter and braver. The remark comes less than a week after global credit rating agency Moody’s upgraded Maldives’ sovereign credit rating from Caa2 to Caa1 with a stable outlook. At a press briefing on Tuesday morning, Saeed credited