MACL pays employees in US dollars as usual

3 weeks ago

The Maldives Airports Company Limited (MACL) deposited half of the monthly salary for its employees in US dollars as usual this week, despite instructions for state-owned enterprises to suspend the payment of salaries in US dollars. The Privatization and Corporatization Board (PCB), which is charged with regulating all SOEs, issued a circular on September 3 instructing companies to stop USD salary