Mohamed Saeed, PNC Vice President and Maavashu constituency MP, has indicated that the Maldives will be able to recover between $6 billion to $12 billion over the next ten years.
The comments were delivered by Saeed, who has also held the position of Economic Minister in the past, at a public gathering in L. Gan as part of his ongoing trip to the atolls for the presidential election campaign.
The outcomes of this year’s presidential elections, according to Saeed, are undisputed, and the candidate is a longtime professional who is also the prodigy of the nation’s first developer, former President Abdulla Yameen Abdul Gayoom.
As per to Said, “that student” [Dr. Muizzu] would revolutionise the Maldives by rescuing the country from debt and constructing a vibrant future that will shape the nation’s hopes.
When the nation’s debt exceeds $114 billion, Dr. Muizzu will be the one who will know how to manage it, manage it, and restore the Sovereign Development Fund that President Yameen established.
Saeed noted that the state’s total GDP is $6 billion and that only USD 1.5 billion of that enters the government each year.
If this amount were expressed in terms of a single day, it would be equivalent to RF 247 million in daily revenue returns and RF 4 million in daily income entering the government. Saeed said Maldives’ $6 billion turnover should be increased to $12 million within the next eight or 10 years by Muizzu, he said.
