President Muizzu: Economic independence vital for true sovereignty

President Dr. Mohamed Muizzu has stressed the need to free the Maldives from the 'slavery of debt' and establish economic independence, stating that a nation's true sovereignty is ensured by building an economy that does not require 'begging for help.' He made the remarks while addressing the nation at the official Victory Day ceremony held at Juburi Maidana this evening. The President commemorated the martyrs who rose in defense of the country on November 3, 1988, and honored their sacrifices, noting that all martyrs in Maldivian history prioritized the homeland, national independence, peace, security, and the development and progress of the future. Reflecting on lessons from Maldivian history, the President stated that behind attacks by the Portuguese and Malabaris, the Hulhumale incident, and the November 3 terrorist attack, there were Maldivians enslaved by power. He reminded the audience that treachery against the country always results in ruin, while loyalty results in prosperity. Noting that two new generations have emerged since the November 3 incident, the President said there are responsibilities and duties to fulfill for these children, including ensuring the country's independence, economic sufficiency, state sovereignty, and autonomy. He stated that the most fundamental pillar for providing citizens with a sufficient and prosperous life is establishing the country's economic independence, and that a nation protects its language, religion, and ways only by striving for an economy that does not require begging. Speaking on the country's financial situation, the President highlighted government efforts to eliminate the fear of national bankruptcy, stop irresponsible spending, and pay off and clear state debts. He declared that revolutionary changes are being undertaken to positively impact the entire state budget so that no harm befalls the red line of nationality, independence, and sovereignty. The President expressed certainty that foreign troops stationed in the country have been withdrawn and that efforts to recover lost maritime territories have begun on the international stage. He revealed that work to enhance the military capabilities of the national defense forces is proceeding rapidly, assuring citizens that a civilized Maldives will be built by equally prioritizing internal development and the moral and material development of Maldivians. The President highlighted that under the National Service program, more than a thousand young people have become skilled, and many have entered the job market. He stated that creating a safe country for future generations is everyone's responsibility. Concluding his speech, he called upon the nation to rise above political emotions and personal interests, overcome the slavery of debt, and aim for a prosperous future through national loyalty and party unity. He also stated that every step he takes will be steps to revive the Maldivian national language and protect the country's absolute Islamic identity and independence.