News

MMA aims to introduce financial inclusion in Maldives

Governor of Maldives Monetary Authority (MMA) Ahmed Naseer has stated the authority aims to introduce a financial inclusive policy in Maldives within the next 5 years.
Governor Ahmed Naseer said MMA is working on enhancing the financial sector of Maldives to be a part of the new digitalisation programme.
MMA is working tirelessly to enhance the financial sector of Maldives and that introducing the financial inclusive policy in the next five years is one of the main aim of the authority as all the sectors are now been digitalised, the governor said speaking with PSM News.
Financial inclusion is a component of financial development along with depth, efficiency, and stability.
The central bank is the main regulator of the financial sector in the country since its establishment in 1981.