The Maldives is the smallest Asian country in both population and land area. With an average ground level of 1.5 metres (4 ft 11 in) above sea level, it is the planet's lowest country. It is also the country with the lowest highest point in the world, at 2.3 metres. The government of President Mohamed Nasheedh faced many challenges, including the economic downturn following the 2004 tsunami, overspending (by means of overprinting of local currency Ruffiya) during his regime, global warming, unemployment, corruption, and increasing drug use. On 10 November 2008, Nasheed announced an intent to create a sovereign wealth fund with money earned from tourism that could be used to purchase land elsewhere for the Maldives people to relocate should rising sea levels due to climate change inundate the country. The government is reportedly considering locations in Sri Lanka and India due to cultural and climate similarities, and as far away as Australia.