Former President Mohamed Nasheed has called for greater transparency from political leaders regarding the Maldives’ current financial situation. In a recent post on X, Nasheed emphasized the responsibility of political figures to clearly communicate the state of the economy to the public.

Nasheed’s statement comes in response to the recent decision by the Bank of Maldives Limited (BML) to withhold dollar services for Rufiyaa accounts and reduce monthly foreign transaction limits to $100. This policy shift was necessitated by a severe shortage of U.S. dollars.

In his post, Nasheed urged leaders to provide a comprehensive explanation of how the financial crisis has developed, what future economic conditions might look like, and the steps being planned to address the issue. He stressed the importance of transparency to ensure that the public is well-informed about the economic challenges and the government's response.

Nasheed’s call for clarity reflects growing concerns among Maldivians about the impact of the financial situation on daily life and the broader economy. The former president's comments underscore the need for open communication during times of economic uncertainty.