Expat finance study announced

A study to analyse the earnings, expenditure and lifestyle standards of expatriate workers in the country has been announced by the the planning department of the Maldives’ Ministry of Finance and Treasury, according to press reports.

Haveeru has said that the ministry last Friday (18 February) began sending officials to the residences of expatriates working within the Maldives in an attempt to ascertain their financial impact on the nation.

Planning department Assistant System Programmer Fathimath Nihan told the paper that recruitment agents were also being consulted as part of the study that it is claimed will attempt to rank possible poverty levels and differences in income of the country’s workers.

“In addition, the department will check the number of people living per household and will analyze the expenditure in the specific areas,” she was quoted as saying.

The final report is expected to accompany similar research conducted into the earnings and spending of domestic workers.

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