Former Maldivian Democratic Party chairperson Fayyaz Ismail has said the Maldives is experiencing its most severe socio-economic setbacks during the current presidential term.
Speaking at a campaign event in Haa Alifu Dhidhdhoo, Fayyaz claimed the economy has regressed by 20 to 30 years. He said the effects would become clearer in the months and years ahead.
Fayyaz has been critical of government handling of economic policy, foreign investment projects and public finances. He has also called for greater accountability and public consultation on major decisions.
The remarks form part of ongoing political debate ahead of future elections. The government has defended its record, pointing to infrastructure projects and efforts to manage public debt.
Fayyaz previously served as economic minister and has remained active in opposition commentary.
