In a significant cabinet reshuffle, President Dr. Muizzu has appointed Moosa Zameer, the current Minister of Foreign Affairs, as the new Finance Minister. This change comes in the wake of the resignation of Dr. Mohamed Shafeeq, who stepped down from his position amid ongoing financial challenges in the Maldives.

The President's reshuffle also sees Dr. Abdulla Khaleel, the current Minister of Health, take over the role of Foreign Minister, while Abdulla Nazim, who served as the Presidential Affairs Minister, is now appointed as the new Health Minister. 

Dr. Shafeeq’s resignation has raised concerns, especially given the current financial uncertainties facing the nation. The Maldives has been navigating through challenging economic times, prompting significant measures aimed at stabilizing the financial situation. 

Recently, the Governor Munawwar met with stakeholders from the tourism sector to discuss the implementation of a new regulation that would require a portion of each booking to be exchanged, a move designed to strengthen fiscal resilience.

The timing of Dr. Shafeeq’s departure has not gone unnoticed, as the nation continues to grapple with pressing economic issues, highlighting the need for effective leadership in the finance ministry during this critical period. The President’s new appointments reflect a strategic response to ensure continuity and stability in governance as the Maldives seeks to address its financial challenges.