Tuesday, May 05, 2009
Regulate the money flow

Anni should take a lesson from President Obama's intended crackdown on tax evasion tactics in the form of overseas outsourcing, incubating, banking and various financial skullduggery.

The foreign currency deficit being experienced in Maldives can only be managed by studying what happens to the annual revenues from major industries, especially tourism, which makes upwards of USD 600 million annually. The government should start sparring with the capitalists in order to attain their operations details, as long as they are doing business in Maldives. If the flow of money within and/or through Maldives is not dissected thoroughly, then it cannot be regulated. If it is not regulated then financial institutions will become weaker day by day.

2 comments:

V for Vandetta said...

Absolutely right. But then, isn't the tourism industry controlling the government directly or indirectly? The parliament is overrun by these leeches, and they would use all the authority vested in them to protect their interests. Dissection of anything and everything would require a bold individual, which would require a genetic modification of Anni, if he is to accomplish this task.
At the moment, he himself is unaware of his actions. The whole agenda behind the capitalist's running for office is to directly influence the regulations in order to protect their trails and illegal activities. The current dollar deficit can only be solved by a major overhaul... replacing the thinking capacity of the common individuals.

Anonymous said...

what analysis? the bloody money lands in offshore accounts. that maumoon sold resorts to foreign tour operators and hoteliers we can only expect this. can we demand large hoteliers to keep their funds in that god-forsaken excuse for a bank BML?