Saeed: Rollout of DBM progressing ‘on schedule’

4 days ago

The rollout of the Development Bank of Maldives (DBM) is progressing on schedule, insisted Economic Minister Mohamed Saeed on Sunday, as he rejected criticism regarding the delay in the operationalization of the bank. The establishment of a development bank in Maldives was one of President Dr. Mohamed Muizzu’s electoral pledges. He used the powers vested in him under the Companies Act