Minister of Finance Moosa Zameer says the government is actively assessing the impact of the conflict in the Middle East.
This comes after the recent escalation in the Middle East after Iran attacked a US military base in Qatar. The attack from Iran came after the US targeted Iranian military sites in an air strike earlier this week.
Subsequently, Qatar closed down its airspace, plunging global travel into chaos, but reopened it after the US declared a truce between Iran and Israel, which initially attacked Iran.
Last night, the Finance Minister said on a post on X that the Government, under the leadership of President Dr. Mohamed Muizzu, is actively assessing the impact of the situation in the Middle East on the country's economy, including energy markets, food security, and overall financial stability.
He stated that the government is working with relevant institutions to closely monitor market prices, inflationary trends, and trade flow disruptions.
The Minister added that the government remains committed to preparedness and safeguarding the interests of all Maldivians.
