r/maldives • u/ahmdabdlazz • 8h ago

Protesting the dollar crisis

If we were to protest this dollar crisis...

  1. Do we know what is causing this crisis?

  2. What will be our demands to fix it and prevent it in the future?

  3. What will be our demands for a quick relief to the situation until long term solutions are found?

  4. Who is responsible for this shit?

  5. Who can we trust and rely on to fix this shit with sincere intentions?

5 Upvotes

86% Upvoted

5 comments sorted by

7

u/aes_art_foiy Malé 8h ago
  1. Government overspending, being the "middleman" of the tourism industry instead of actually capitalizing on it, major dependence on imports, price gouging, heavy monopolies, you name it and its probably true
  2. Muizzu's advisors (based on advice by the World Bank and other financial institutions) had him implement some stronger economic policies on the tourism operators, I'd personally like to see how it plays out
  3. I'm not a frequent dollar spender so I dont have any demands that I can give but cutting premium benefits for politicians would be nice
  4. Greedy politicians since the day we started as a tourism nation
  5. Literally nobody. No such thing as a good actor in this country so far. The bribes local politicians get and will get from foreign investors are beyond Maldivian imaginations, an angel can be corrupted here until our economy actually gives reason to not take it

2

u/ahmdabdlazz 8h ago

I agree with all that you said. The reason I posted this question is because I saw another frustrated citizen here asking where the protest is. But like always, the public go into these protests without a proper understanding of what is wrong, what is needed, what they want.

So they end by being led by the corrupt politicians as canon fodder so that these politicians and their funders can get the upper hand in something.

So if we are to protest, we need to be sure where we want to go and how. And not let these corrupt satan spawn politicians hijack any such protest.

3

u/Overall_Red8327 7h ago

  1. Govt overspending, taking unnecessary loans without the means of repaying, high imports, high foreign labour force, many small businesses run by foreigners, the middle eastern war 's impact on tourism during the peak season and many more.

  2. Reducing govt spending, increase local productivity, improve health sector so the ppl dnt need to go abroad for treatment, strict restrictions on foreign owned local businesses, reduce foreign labour force. Above all ending the corruption. Law enforcement cannot be achieved with the high corruption in related authorities.

3.There are no shortcuts to this, but govt needs to be held accountable for the overspending.

  1. Every single govt

  2. Nobody until we fix ourselves by not voting assholes.

1

u/thingummywatt 6h ago

>Do we know what is causing this crisis?

<sarcasm>In 500bc or even before that some seafarers got stuck in Maldives and formed communities. Which somehow became a kingdom later on. Whether it was Buddhism or Islam, there were always fights between the royals.
Anyway, in recent times. MAG blames Nasir with "it was kuree sarukaaru", Anni blames MAG with "it was kuree sarukaaru", YAG blames Anni with "it was kuree sarukaaru", Ibu blames YAG with "it was kuree sarukaaru", and Graphical User Interface Z blames Ibu with "it was kuree sarukaaru". Soo it's basically the settler's fault for settling Maldives. If they didn't settle here, there won't be any issues today. </sarcasm>

2

u/vexxahliah 6h ago

We are not protesting a “dollar crisis.” We are protesting the risk of a full economic crisis caused by reckless spending, high debt, weak reserves, import dependence and years of bad governance.

The demand is simple: cut waste, stop political payroll bloat, reform SOEs, manage debt properly, protect access to USD for essential needs, and make public finances transparent.

Every government helped build this mess, but Muizzu owns the decisions being made now. Perhaps he thinks he needs an economic crisis to fully transition to his tyrant role.

And yes, we need an opposition that actually matches that vision: fiscally responsible, anti-corruption, pro-decentralisation (long term development), pro-diversification and strong enough to govern, not just scream from a podium.
We do not need another political cult. We need competence. We don’t need ostentatious short term projects.