AGP Executive Report
Last update: 5 hours agoSovereignty: The government says it will not allow foreign military or operational surveillance over Maldivian territory, amid reports that unauthorised vessels anchored near Malé. Foreign Relations: President Mohamed Muizzu is due to visit Pakistan on October 20–22, with talks expected on bilateral ties and regional issues; reports also say India has agreed to extend a $320 million currency swap for three months. Investment Rules: New rules require at least 25% Maldivian ownership in some foreign-backed construction, real estate, auditing and IT ventures, while reserving certain activities for locals. Public Finances: State spending has risen 18% to nearly MVR 36 billion, while tourism tax revenue is down 1.5% year on year. Accountability: Parliament’s Judiciary Committee will question Parole Board members over the release of convicted drug trafficker Abdulla Ibrahim, who was returned to prison after public outcry. Flydubai Probe: UAE authorities have reportedly detained two Maldivian pilots as they investigate an alleged cockpit attack; no charges or specific allegations have been made public. Fishing Dispute: Maldivian authorities detained 25 Indian fishermen and seized three boats in the country’s waters; families are appealing for their release.
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