The Maldives government on Thursday, announced important reforms for indirect and direct taxes, aiming to improve the country’s fiscal sustainability.…
Maldives government has saved MVR 2.5 billion in public finances in 2024, owing to strong austerity measures, according to the…
The cumulative state expenditure reached MVR 17.8 billion as of June 20, 2024, reports the Ministry of Finance. So far,…
Maldives President Dr. Mohamed Muizzu has decided to implement a new policy focused on cost reduction and revenue growth. The…
The Maldives government generated a revenue of MVR 1.66 billion for May 2024 – out of which 66.57 million in…
Bank of Maldives (BML) on Monday, June 10, introduced its US dollar ATM service in K. Maafushi – known as…
Maldives Industrial Fisheries Company (MIFCO) on Tuesday reveals MVR 80 million is still outstanding from the money to be paid…
The Maldives Monetary Authority (MMA)’s Financial Intelligence Unit has become a member of the Egmont Group of Financial Intelligence Units.…
The cumulative total of state revenues, reported as of May 30, is a MVR 706.6 million improvement in comparison with…
The Maldives Zakat House on Thursday, has confirmed spending over MVR 1.6 million to provide financial support to locals seeking…