The primary opposition Maldivian Democratic Party (MDP) has declared intentions to organize a demonstration in Malé regarding the increasing costs of essential goods and escalating worries about the nation's economic condition.

The demonstration, named ‘Dhathivejje,’ is set to commence at 4:30 p.m. on August 12 outside the Social Center in Malé City, as stated by MDP Chairperson and ex-President Mohamed Nasheed.

Nasheed declared the protest in a post on X, emphasizing various vital items whose prices have risen markedly in recent months.

The listed products consist of baby formula, basmati rice, coffee powder, cooking oil, and milk.

The ex-president has progressively condemned the administration's management of the economy, claiming that a lack of U.S. Dollars and escalating inflation are creating more strain on families.

During an MDP rally last week, Nasheed charged the administration with not obtaining enough foreign currency via grants and loans, while also critiquing the government's approach to handling the nation's significant debt responsibilities.

He contended that the increased dollar exchange rate was fueling inflation while household incomes had not risen at a comparable rate.

Nasheed also expressed worries regarding traffic at the Malé Commercial Port, mentioning that some container ships had to reroute to ports in Sri Lanka due to delays.

His criticism suggests that extra demurrage and freight charges faced by companies may lead to increased prices for consumers.

The MDP leader characterized the nation's economic trajectory as more troubling and blamed the administration for not having a viable plan to change the situation.

The World Bank estimates that inflation in the Maldives might hit 6 percent this year, as the economy reliant on imports confronts heightened pressure from global factors, including the economic impact of the Middle Eastern conflict.