Ahmed Mubeen, Managing Director of the Regional Airports Company and former Member of Parliament for Bilethdhoo constituency, has expressed strong support for the recent government regulations requiring Maldivian resorts to deposit tourism earnings in local banks. In a post on X, he emphasized that this move underscores the importance of people's rights and demonstrates that national interests outweigh those of wealthy individuals.

Mubeen's comments followed the announcement of the 'Foreign Exchange Regulations' by the Maldives Monetary Authority (MMA), which mandates that foreign currency earned from tourism must be deposited in local banks. This regulation includes specific requirements for payments: tourists staying in resorts will need to pay $500 per person to the bank, while those in guesthouses and smaller hotels (fewer than 50 rooms) will pay $25 per head.

In his post, Mubeen expressed gratitude to President Mohamed Muizzu for implementing these changes, believing they will significantly benefit the country. He highlighted that the regulations reflect a commitment to prioritizing the rights and welfare of the Maldivian people, suggesting that this approach could lead to broader economic benefits for the nation.

Overall, Mubeen's endorsement aligns with growing sentiments around ensuring that tourism revenue is retained within the Maldives, ultimately aiming to bolster the local economy and support sustainable development.