Amendments to banking law sent to committee

Amendments to the Banking Act of 2010 submitted on behalf of the government by Progressive Party of Maldives MP Ali Arif was sent to committee for further review at today’s sitting of parliament.

The amendment bill (Dhivehi) was sent to the economic affairs committee with 55 votes in favour and none against.

During the preliminary debate, most MPs stressed the importance of improving the financial sector and allowing new commercial banks to open.

Likes(0)Dislikes(0)