AGP Executive Report
Last update: 7 hours agoTrade and Investment: President Mohamed Muizzu visits Pakistan on October 20–22, with a business forum set to explore trade and investment opportunities; agreements are also expected across several sectors. Water Infrastructure: MWSC is studying subsea desalination near Malé, where deep-water samples will be tested and technical and commercial viability assessed. The technology may cut energy use, but savings remain unverified locally. Food Security: Minister Ahmed Shiyam says more than 90% of food is imported, including about US$60 million in fruit and vegetables each year. The government is seeking to boost local production and support farmers. Economic Growth: The economy grew 2.4% year-on-year in August, led by financial services, retail and real estate; construction output rose 10.4%, while hospitality and food services remained the largest sector.
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