AGP Executive Report
Last update: 22 minutes agoMaldives–India Trade Push: Minister Mohamed Saeed says recent talks with India’s commerce minister Piyush Goyal were “highly productive,” covering trade, investment, the digital economy, tourism and connectivity, with progress on the India–Maldives Free Trade Agreement and the Bilateral Investment Treaty. Visa-on-Arrival Rules: Maldives Immigration confirms visa-on-arrival applies to all nationalities including Nigerians, but travellers must submit a Traveller Declaration via IMUGA within 96 hours and meet entry conditions at arrival. Banking & FX Demand: Bank of Maldives reports USD sales up 77% over two and a half years, with higher dollar spending via cards and telegraphic transfers. Tourism Recognition: Grand Park Kodhipparu earns nominations at the 2026 World Travel Awards, including Maldives’ Leading Boutique Resort and Indian Ocean’s Leading Villa Resort. Tourism Skills Pipeline: Atmosphere Foundation launches the second “Zero to Divemaster” scholarship batch, fully funding PADI training for 10 young Maldivians to build local diving careers. Public Finance Watch: Maldives’ non-tax revenue fell 2.8% in the first half of the year, with lower fees/charges and SOE dividends cited, while recurrent spending remains dominant. Regional Economic Context: World Bank’s Sri Lanka/Maldives country manager warns Sri Lanka’s recovery is “far from over,” stressing the need to turn stability into jobs and competitiveness. Diplomatic Visit: President Muizzu departs for Qatar to offer condolences following the death of former emir Sheikh Hamad bin Khalifa Al Thani.
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