Maldives Monetary Authority (MMA) has reported that the transactions conducted through the Maldives Instant Payment System ‘Favara’ amounted to over…
Maldives Vice President Faisal Naseem highlighted the importance of establishing housing finance banks in the island nation. VP Naseem said…
The cumulative total of state expenditures reached MVR 27.7 billion as of August 17, 2023, reports the Ministry of Finance.…
Maldives Monetary Authority (MMA) launches the instant payment system ‘Favara’ on August 26, Saturday. The new instant payment system was…
Local authorities have issued a no-fly order on former Maldives Parliament member Alhan Fahmy for an ongoing investigation conducted by…
Maldives remitted USD 29.3 million to Sri Lanka in Q1-2023, the Sri Lankan central bank reported. Sri Lanka’s “Economy Next”…
Coinbase, the largest cryptocurrency exchange in the United States, recently received approval to offer crypto derivates. This gives investors a…
The cumulative total of state expenditure reached MVR 26.9 billion as of August 10, reports Ministry of Finance. State’s revenues…
Maldives government has secured a loan of USD54.9 million (MVR844 million) from a foreign private investor for budget support. Though…
Maldives government has spent a supplement of MVR 367 million on subsidies after the budgeted total for 2023 was fully…