Comments on: Maldivian economy still in trouble – IMF

By: The Musketeer

The Musketeer — Tue, 09 Feb 2010 06:04:00 +0000

IMF or any of the organisations alike……… equality in the distribution of wealth is nothing but just an “ideal” developed by economists and thinkers. The closest to this was the despised “communists”. According to the human creed, there is a law which states “survival of the ……………” (whatever you wish to include …..fittest, richest, corrupt….)

By: ablho

ablho — Tue, 02 Feb 2010 19:03:09 +0000

IMF is just focusing on helping Maldives to take a good course in having a stable economy. The problem is not mismanagement by the current government. Let us be honest and start from the begning of trouble. It was 1999 when an economist from SAARC visited Maldives and suggested that, based on SAARC’s research that Maldives need to cut-down the number of government employees by 50% and double the salaries for the remaining employees in order to have a more productive workforce. Instead,we saw that in the last 10 years that has not happened. In 2007 and 2008 we saw the “promotion frenzy” by the previous government. When promotions are out of control and given for political purposes, it only increased recurrent spending from the government. Our deficit kept growing forever to the point of no return. It seems everyone is power hungry and no one cares about the country. The Majlis, independent commissions and employees of companies where government has a stake must also take 15% less as salary to reduce deficit and live within our means. Our civil service needs to be more productive and effective. Yet the powerful positions of civil service are held by DRP thugs and they will not leave untill this country is destroyed. If we do not live within our means then we will suffer. Yeah IMF will not meddle in internal affairs of any country but we have to save our country. Nobody will help those who do not help themselves.

By: gxm

gxm — Fri, 29 Jan 2010 11:05:26 +0000

POLITICAL APPOINTEES ARE INCREASED IN ORDER TO RUN GOVERNMENT POLICIES AND EFFECTIVELY FULFIL ITS PROMISES AND EVERY GOVERNMENT WILL.WE CIVIL SERVANTS AREN’T BORN WITH CS STAMP ON OUR FOREHEAD.IF THEIR IS AN ECONOMIC CRISIS GOVERNMENT SHOULD SLICE DOWN WAGES AND EVEN CUT DOWN ON THE NUMBER TOO.
WHY DO WE SPEND ALL OUR SALARY TO LIVE IN SO EXPENSIVE A PLACE AS MALE’,OR TRY TO DO SOMETHING ELSE IN OUR ISLANDS TO EARN?

By: BROTHER INDIA

BROTHER INDIA — Wed, 27 Jan 2010 00:30:42 +0000

Mr Rodrigo. I hope you are reading this. Whats wrong with you, why cant you also ask the Govt to cut down the number of political appointees, you seems to be concerned of increasing civil servants salary, Govt is increasing political appointees at the expense of civil servants, cant you see this? I wont say you are deaf and dumb Mr Rodrigo.

By: MrMv

MrMv — Tue, 26 Jan 2010 17:50:21 +0000

IMF should also know about the ever increasing govt appointees and their huge salaries, cutting cs emplyees allowances won’t drop this spending, nor stop govt appointees number. The rich gets richer while poor gets poorer, there is no equal distribution of wealth.

By: Ali Rasheed

Ali Rasheed — Tue, 26 Jan 2010 10:57:25 +0000

The statement has nothing new and its very typical issuance of IMF. In fact, IMF is not bothered about how the deficit is manged by the government. The matter which is concerned to IMF is the deficit itself in its broad terms. Therefore rising deficit may hinder prospects of obtaining promised rewards from IMF as a result of maintaining the deficit at the level agreed with IMF. Moreover, the statement is not a green signal to continue cutting salaries of civil servants. Since IMF has no role and no right of making interventions in local politics, IMF might not know the reality show which is going on in managing the available funds by this government. I am convinced that IMF is under impression that the cutting wage bill in general (including political posts) is handled by this government as per IMF recommendations. However, this governemnt is only interested to victimize civil servants allowing the political posts to have unimaginable salaries. If the deficit is no concern to this government why should civil servants bother about it? Is Maldives a property of this government?