The Maldives officially the Republic of Maldives Maldivian is a South Asian island country, located in the Indian Ocean, situated in the Arabian Sea. It lies southwest of India and Sri Lanka. The chain of twenty-six atolls stretches from Ihavandhippolhu Atoll in the north to the Addu City in the south. Comprising a territory spanning roughly 298 square kilometers (115 sq mi), the Maldives is one of the world’s most geographically dispersed countries, as well as the smallest Asian country by both land area and population, with a little over 393,500 inhabitants. Malé is the capital and most populated city, traditionally called the King’s Island for its central location.
Maldives has a population of 393,253
Maldives is a presidential republic, with the President as head of government and head of state. The President heads the executive branch and appoints the cabinet which is approved by the People’s Majlis (Parliament). Following the introduction of a new constitution in 2008, direct elections for the President take place every five years, with a limit of two terms in office for any individual. The current President is Abdulla Yameen. Members of the unicameral Majlis serve five-year terms, with the total number of members determined by atoll populations. At the 2009 election, 77 members were elected. The People’s Majlis, located in Male, houses members from all over the country.
Economy and Infrastructure
In ancient times the Maldives were renowned for cowry shells, coir rope, dried tuna fish (Maldive Fish), ambergris (Maavaharu), and coco de mer (Tavakkaashi). Local and foreign trading ships used to load these products in Sri Lanka and transport them to other harbours in the Indian Ocean.
Historically Maldives provided enormous quantities of cowry shells, an international currency of the early ages. From the 2nd century AD the islands were known as the ‘Money Isles’ by the Arabs. Monetaria moneta were used for centuries as a currency in Africa, and huge amounts of Maldivian cowries were introduced into Africa by western nations during the period of slave trade. The cowry is now the symbol of the Maldives Monetary Authority.
The official and common language is Dhivehi, an Indo-Aryan language
Maldivian rufiyaa (MVR)