Maldives Lifts State of Emergency, But Political Tension Lingers

Mar 23, 2018

This post contains references to products from one or more of our advertisers. We may receive compensation when you click on links to those products. Terms apply to the offers listed on this page. For an explanation of our Advertising Policy, visit this page.

After 45 days of heightened political turmoil, Maldives President Abdulla Yameen finally lifted the state of emergency declaration enacted on February 5, and extended on February 20.

Yameen imposed the government lockdown after dissension between his office and the Supreme Court. A court ruling led Yameen’s administration to arrest a number of key political figures in opposition to the current president, including former president Mohamed Nasheed, as well as a majority of the Supreme Court judges. The remaining three bench judges in the Supreme Court reversed the initial court decision that led to Yameen’s state of emergency declaration.

The president’s office claimed that the opposition party still posed “a diminished threat to national security,” but that Yameen had decided to lift the restrictions “upon the advice of the Security Services and in an effort to promote normalcy,” according to Reuters.

Despite the lifted restrictions, Maldives’ opposition party leaders stated that the country’s situation would not change, because Yameen had overstepped the bounds of the presidential seat and put himself above the rule of the nation’s constitution. One of the most vocal opponents has been Nasheed, the recently arrested former president who was the first democratically elected leader of the Maldives.

“He has also rushed remand hearings for a number of key state of emergency detainees to ensure their continued detention past the state of emergency,” the parties said in a joint statement.

The recent political tension has greatly affected the tourism industry in this island nation, which ranked No. 1 on our list of “Top Ten Destinations That Need Your Tourism Dollars.” While the full impact of this recent situation remains yet to be seen, experts estimated that the country has already lost a significant portion of its annual expected tourist bookings to neighboring countries offering similar views without the potential danger. Travel and tourism accounts for nearly 40% of the country’s GDP, with a solid 16% of the population earning their incomes directly from tourism.

Featured image by Getty Images

Chase Sapphire Preferred® Card

WELCOME OFFER: 60,000 Points

TPG'S BONUS VALUATION*: $1,200

CARD HIGHLIGHTS: 2X points on all travel and dining, points transferrable to over a dozen travel partners

*Bonus value is an estimated value calculated by TPG and not the card issuer. View our latest valuations here.

Apply Now
More Things to Know
  • Earn 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $750 toward travel when you redeem through Chase Ultimate Rewards®
  • 2X points on travel and dining at restaurants worldwide & 1 point per dollar spent on all other purchases.
  • Get 25% more value when you redeem for airfare, hotels, car rentals and cruises through Chase Ultimate Rewards. For example, 60,000 points are worth $750 toward travel
  • Get unlimited deliveries with a $0 delivery fee and reduced service fees on orders over $12 for a minimum of one year on qualifying food purchases with DashPass, DoorDash's subscription service. Activate by 12/31/21.
  • Earn 5X points on Lyft rides through March 2022. That’s 3X points in addition to the 2X points you already earn on travel.
Intro APR on Purchases
N/A
Regular APR
15.99%-22.99% Variable
Annual Fee
$95
Balance Transfer Fee
Either $5 or 5% of the amount of each transfer, whichever is greater.
Recommended Credit
Excellent/Good

Editorial Disclaimer: Opinions expressed here are the author’s alone, not those of any bank, credit card issuer, airlines or hotel chain, and have not been reviewed, approved or otherwise endorsed by any of these entities.

Disclaimer: The responses below are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser’s responsibility to ensure all posts and/or questions are answered.