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.<\/p>\n\n\n\n
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.<\/p>\n\n\n\n
The outcomes of this year’s presidential elections, according to Saeed, are undisputed, and the candidate is a longtime professional who is also the\u00a0prodigy\u00a0of the nation’s first developer, former President Abdulla Yameen Abdul Gayoom.<\/p>\n\n\n\n
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.<\/p>\n\n\n\n
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.<\/p>\n\n\n\n
Saeed noted that the state’s total GDP is $6 billion and that only USD 1.5 billion of that enters\u00a0the government each year.<\/p>\n\n\n\n
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.<\/p>\n","protected":false},"excerpt":{"rendered":"
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 … Continue reading “$6 billion turnover in Maldives will be turned into $12 billion by Muizzu: Saeed”<\/span><\/a><\/p>\n","protected":false},"author":12,"featured_media":5801,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6,1,3,7],"tags":[],"_links":{"self":[{"href":"https:\/\/aonews.mv\/en\/wp-json\/wp\/v2\/posts\/5800"}],"collection":[{"href":"https:\/\/aonews.mv\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/aonews.mv\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/aonews.mv\/en\/wp-json\/wp\/v2\/users\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/aonews.mv\/en\/wp-json\/wp\/v2\/comments?post=5800"}],"version-history":[{"count":1,"href":"https:\/\/aonews.mv\/en\/wp-json\/wp\/v2\/posts\/5800\/revisions"}],"predecessor-version":[{"id":5802,"href":"https:\/\/aonews.mv\/en\/wp-json\/wp\/v2\/posts\/5800\/revisions\/5802"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/aonews.mv\/en\/wp-json\/wp\/v2\/media\/5801"}],"wp:attachment":[{"href":"https:\/\/aonews.mv\/en\/wp-json\/wp\/v2\/media?parent=5800"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/aonews.mv\/en\/wp-json\/wp\/v2\/categories?post=5800"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/aonews.mv\/en\/wp-json\/wp\/v2\/tags?post=5800"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}