Vice President Hussain Mohamed Latheef has stated that the issue of foreign transaction limits on Bank of Maldives (BML) cards will be resolved soon.

The statement came during a meeting with Maldivian students at Yunnan University in Kunming, China on Wednesday. The Vice President is in China on an official visit to attend the ‘China-Indian Ocean Region Forum on Development Cooperation’.

The discussion centred on the academic and overall experiences of the Maldivian students pursuing their studies at Yunnan University under the auspices of the Yunnan Provincial Government Scholarship.

Speaking at the meeting, the Vice President raised the issue of the US dollar withdrawal limit for overseas transactions and reassured the students of the Administration’s understanding of the complications associated with the limitation. The students also shared their collective experiences and grievances with the Vice President.

Concluding the meeting, Vice President Hussain assured the students that the current administration, under the leadership of President Dr Mohamed Muizzu, is actively addressing the issues pertaining to the US dollar withdrawal limit and expressed confidence in resolving the matter in the near future.