From Oversight to Ownership: How SOE Control Is Being Recentralised
A ministry renamed and a governance model reshaped: How centralisation of authority risks weakening oversight and increasing political influence over state enterprises.
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The Worsening Public Finances
Persistent budget deficits and rising public debt reflect deeper structural pressures in the Maldives’ public finances. The article examines the growth of government, SOE ownership and state intervention in domestic financial markets.
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Implications flowing from the decision to dissolve the PCB?
Dissolving the Privatization and Corporatization Board could have implications far beyond SOE board appointments, potentially weakening institutional safeguards governing the privatization and corporatization of state assets.
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How did we get here?
A reflection on how persistent fiscal deficits, rising expenditure, public debt and weaknesses in fiscal discipline brought the Maldives to its present fiscal difficulties.
