Authorities plan museum of finance

Financial authorities and service providers in the Maldives yesterday (May 13) reached an agreement to establish a museum of finance within the capital over the next two years, local media has reported.

The agreement, which was signed by the Tourism Ministry, Maldives Monetary Authority (MMA), the Bank of Maldives (BML), the Capital Market Development Authority (CMDA) and private enterprise Allied Insurance, was reached during a Pension Office meeting held at the Kurumba Maldives resort.

Pension Office Chief Executive Officer Hussain Manik was quoted in Sun Online as claiming that obtaining funding for the project, expected to be established in a corner of the existing National Museum building in Male’, would begin soon.

Tourism Minister Ahmed Adheeb told local media that the museum of finance would aim to provide visitors with an overview of the economic history of the Maldives.