President Ibrahim Mohamed Solih has stated that the government’s topmost priorities lie in fostering economic growth through sectoral diversification.

He made the statement while delivering a keynote address at the Maldives Investment Forum held today at the Dubai Exhibition Center.

Delivering the keynote speech, President Solih stated that the government’s topmost priorities lie in fostering economic growth through sectoral diversification, environmental sustainability and the prosperity of the Maldivian societies. He also noted that these goals were parallel to the themes presented in Expo 2020. The President emphasised that private sector development is a central pillar of the Maldivian government's economic reform agenda.

He said that promoting an enabling environment entails removing unnecessary bureaucratic red tape with streamlined procedures to establish businesses, increase access to finance and ensure greater responsiveness, transparency, immutability and security for investors.

The President also indicated that the government's immediate and medium-term approach is to build a consolidated response to stimulate innovation, enable digital disruptions, and accelerate people-centred, effective, and resilient public services.

According to the President, 93 per cent of resort employees and 79 per cent of the eligible Maldivian population had received both doses of the Covid-19 vaccine and been properly immunised.

He further stated that the Maldives is open for business and ready to welcome investors.