The International Monetary Fund has “expressed concern” at the Maldives’ record breaking 2007 budget in its annual statement on the economy, available here.
IMF Directors say the budget “carries risks of a significant deficit.” And that it is based on “optimistic revenue assumptions,” which “may fail to materialise.”
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Foreign Minister Dr Shaheed To Fight On
Foreign Minister Dr Shaheed says he will defend himself against a no confidence motion in parliament. And he has rejected calls to follow Hassan Saeed and Mohamed Jameel by resigning from the cabinet.
Dr Shaheed will face a no-confidence debate on August 22, after he said “over the past forty years the Majlis [parliament] has failed to protect people’s rights.” Opponents accuse him of “deflecting blame,” from President Gayoom.
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Dr Shaheed will face a no-confidence debate on August 22, after he said “over the past forty years the Majlis [parliament] has failed to protect people’s rights.” Opponents accuse him of “deflecting blame,” from President Gayoom.
Maldives officials quit, say president blocks reform
COLOMBO (Reuters) - Two top Maldivian government officials resigned from President Maumoon Abdul Gayoom's cabinet on Sunday, accusing Asia's longest-serving ruler of stalling on democratising reforms.
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