This writing examines whether the Maldives Pension Administration Office’s (MPAO) 2025 investment of MVR 2.5 billion in instruments involving the… READ MORE
The question of what happens to unpaid public expenditure at the end of a fiscal year has recently resurfaced in… READ MORE
When transparency fades from public finance, accountability becomes optional. Introduction Over two decades, the Maldives modernised its public finance system… READ MORE
Before World War II, global powers asserted dominance through military conquest, seizing territory and resources from smaller states to expand… READ MORE
Introduction State-Owned Enterprises (SOEs) are vital to the Maldivian economy, playing a central role in employment, public service delivery, and… READ MORE
“Power doesn’t corrupt people, people corrupt power.”
~ William Gaddis
Independent analysis on public finance, fiscal accountability and governance in the Maldives — by Ismail Zariyand.