The Maldives’ official reserves grew by 18% in the first quarter of 2025, according to the Maldives Monetary Authority (MMA).
Data released by the central bank shows that both official and usable reserves increased as of February this year.
Official reserves stood at $708.1 million in January and rose to $832.1 million by February, marking an 18% increase.
At the same time, the government’s usable reserves also saw a significant rise. Usable reserves, which were at $116 million in January, increased to $179.1 million by February, reflecting a 54% month-on-month increase.
The MMA had previously stated that the Maldivian economy is expected to continue its growth trajectory, supported by the expansion of the tourism industry and other key economic sectors, as well as the implementation of sustainable economic policies and strategic reforms.
Data released by the central bank shows that both official and usable reserves increased as of February this year.
Official reserves stood at $708.1 million in January and rose to $832.1 million by February, marking an 18% increase.
At the same time, the government’s usable reserves also saw a significant rise. Usable reserves, which were at $116 million in January, increased to $179.1 million by February, reflecting a 54% month-on-month increase.
The MMA had previously stated that the Maldivian economy is expected to continue its growth trajectory, supported by the expansion of the tourism industry and other key economic sectors, as well as the implementation of sustainable economic policies and strategic reforms.