AGP Executive Report
Last update: 21 hours agoSOE Finances: Maldives government dividend income from state-owned enterprises fell 36% year-on-year to about USD 10.38m by 14 May, leaving only ~30% of the 2026 SOE profit target met, with Dhiraagu and Bank of Maldives expected to be the biggest contributors. Tourism Recovery: After a three-month dip tied to Middle East conflict disruptions, tourist arrivals rose 2.6% to 122,548 for the latest period, though total 2026 arrivals still sit about 4% below last year. Regional Security: The multinational military exercise PRAGATI 2026 concluded in Meghalaya, with Maldives among 13 nations and 400+ troops training on counter-terrorism and interoperability. Public Safety & Justice: Police in Fuvahmulah sealed a suspected drug “cafe” under a court order for 85 days, marking a first court-ordered shutdown of premises linked to drug use and trafficking. Diplomacy: President Muizzu sent a congratulatory letter to Azerbaijan’s President Ilham Aliyev on Independence Day.
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