News

President pledges to advance telecom and markets for Maldivian products

President Dr. Mohamed Muizzu has pledged to lead the nation towards a future of improved telecommunications infrastructure while simultaneously fostering and securing markets for the commercialization of domestic products. These commitments were articulated by the president in commemoration of World Telecommunication and Information Society Day.

In a widely circulated social media post, President Dr. Muizzu affirmed his dedication to opening up the country to cutting-edge communication channels and platforms. Furthermore, he reiterated his unwavering commitment to leveraging international markets to showcase the talents and products of Maldivians, thereby generating revenue for the nation.

President Dr. Muizzu's vision includes the introduction of innovative financial services and transactions within the country. In line with this pledge, the Bank of Maldives (BML) initiated financial transaction services in March, offering online money transfer platforms such as digital wallets. Additionally, preparations are underway to introduce E-wallet services, which will streamline financial transactions through platforms like PayPal.