Outstanding Payments to Be Cleared Within Five Weeks, Says President Muizzu
Photo: The President’s Office
President Dr Mohamed Muizzu has announced that all outstanding payments for bills submitted in accordance with regulations will be cleared within the next five weeks.
These payments include obligations owed by the Government of Maldives as well as by state-owned enterprises.
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In a statement shared on his official X account, Muizzu reaffirmed that all pending obligations would be fully paid and settled within the stipulated timeframe.
This includes all bills duly submitted under the relevant laws and regulations for completed works by Maldivian businesses, including those submitted since he assumed office on 17 November 2023.
Muizzu emphasised that this development is a significant milestone in the Administration’s efforts to revitalise the economy, describing the settlement of payments as a key step towards stabilising public finances and supporting economic recovery.
