AGP Executive Report
Last update: 9 hours agoEnvironment Funding: President Muizzu says the Maldives Green Fund will add USD 454,000 annually for protected areas, wildlife, research, public awareness and capacity-building, with extra support beyond the national budget. Green Finance & Policy: The President also announced MVR 7 million annually from the Maldives Green Fund for environmental protection, echoing the World Environment Day push for more climate-ready financing. Diplomacy & Development: The Maldives won its first-ever seat on the UN ECOSOC for 2027–2029, securing 183 votes and aiming to better represent small island priorities on climate and development. Regional Trade Standards: Maldives delegates joined SARSO’s 11th governing board in Dhaka, agreeing a 2026 action plan to cut technical barriers and harmonise South Asian trade standards. Financial Sector Outreach: The Maldives Monetary Authority moved the registration deadline for the Maldives Financial Expo to 6 June and launched Financial Sector Awards across areas including green finance and digital finance. Tourism & Business Sentiment: Government spokesperson Mundhu links Fitch’s upgrade to ongoing fiscal reforms, while stressing international lenders’ concerns also centre on past money printing and debt. Sustainable Transport Deal: Navier and JIH Global Investment plan to bring 100 zero-emissions hydrofoil boats to the Maldives, starting with five in 2026.
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