The entire ecosystem of industry, trade and financial markets is re-energised with the beginning of the new government amid policy continuity, top trade and industry chambers have said.

The announcement comes on the heels of India's decision in July 2023 to permit the Maldives, along with 21 other nations, to open Special Rupee Vostro Accounts (SRVAs). This measure was aimed at promoting bilateral trade in local currencies and facilitating payments for goods imported from India in Maldivian Rufiyaa.