Maldives' financial situation does not allow for a referendum: Saeed

Maldives' financial situation is not in a position to hold a referendum, PNC Vice-President, Mohammed Saeed has said.

Speaking during a campaign rally in R. Hulhudhuffaaru, Saeed said that it was scary that there are talks to usher in a parliamentary system at a time when the Maldivian economy is bad.

He asserted that the financial situation of the country does not allow for a referendum yet alone a change in the system of governance. He further stated that President Ibrahim Mohamed Solih had agreed to hold a referendum as he lacks any moral values.

Saeed also noted that the President waived MVR 4 billion from the rent penalty of the resorts. He said that this had not been done by president since the tax law came into force.