Ahmed Mohamed

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Join date: Sep 22, 2024

About

Ahmed Mohamed holds a Master’s degree in Public Policy Economics from the University of Hull, UK. He began his career at the Ministry of Planning and National Development, where he ultimately led the National Planning Division.

He has served in various high-profile roles, including Chairman and CEO of the State Trading Organisation (STO), Minister of Economic Development, and Ambassador to India. Currently, he leads Univiya Holdings Pvt Ltd, the commercial arm of the Maldives National University.

Posts (11)

Jun 5, 2026 ∙ 3 min

Fitch Upgrades Maldives, But the Real Story Lies in the Warnings

While the single-notch ratings upgrade might have brought the Maldives back from the brink; it comes with warnings that should not be ignored. The decision by Fitch Ratings to upgrade the Maldives' sovereign credit rating from CC to CCC- is undoubtedly welcome news. At a time when concerns over debt repayments and foreign currency shortages have dominated economic discussions, any improvement in the country's credit standing offers a much welcome measure of reassurance. Yet the significance...

May 2, 2026 ∙ 6 min

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. The recent decision to rename the Ministry of Finance and Planning as the Ministry of Finance and Public Enterprises represents more than administrative restructuring. Ministries are occasionally renamed to reflect expanding mandates or shifting priorities. Yet this particular change signals a deeper institutional shift. It...

217

Mar 30, 2026 ∙ 6 min

The Rufiyaa Question

Should the Maldives float its currency? As the gap between the official and parallel exchange rates widens, the Maldives faces an increasingly urgent policy question; how should the exchange rate system evolve from its current constrained band toward a more sustainable framework? Experience elsewhere suggests that without stronger reserves, robust fiscal discipline, and deeper foreign exchange liquidity, a sudden move to float the currency could create more instability than stability. The gap...

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