Parliament disapproves on ‘minting’ money

Maldives Parliament disapproves on Ministry of Finance’s request for money issuance.

Moreover, on Tuesday’s hearing, parliament Speaker Mohamed Nasheed attests the chambers disapproved the issue.

Meanwhile, Vilufushi constituency lawmaker Hassan Afeef made suggestions of submitting the issue to a special committee of parliament’s discretion.

The committee will thus, take responsibility of researching the issue further.

During the session addressing the issue of ‘minting new money’, 48 of the parliamentarians present cast vote against while 12 members cast in support.