One of the largest credit rating agencies in the world, Fitch Ratings, has once again assigned a “B minus” rating…
Maldives National Association of Construction Industry (MNACI) raised concerns over the government delays in paying private contractors for state-initiated projects.…
Indira Gandhi Memorial Hospital (IGMH) has spent nearly MVR 1 billion for its outsourced departments. IGMH said that it outsourced…
Maldives government has sold an additional MVR 3.1 billion worth of treasury bills (T-Bills) to adjust state expenditure. The Ministry…
The World Bank has forecast Maldives’ national debt to Gross Domestic Product (GDP) to increase by 115%. The bank said…
Kaafu atoll Maafushi Council has begun the process of allocating 84 additional land plots. Maafushi Island Council’s President Hassan Sobah…
Maldives Inland Revenue Authority (MIRA) reports a total revenue of MVR 1.60 billion to the government in August 2023, a…
Maldives government announced fully-funded scholarship opportunities for interested students to pursue higher education in inclusive education. Four slots for Masters…
Urbanco has recently announced that the transport of electric vehicles across the channel between Hulhumale’ 1 and Hulhumale’ 2 are…
The cumulative total of state expenditure reached MVR 32.1 billion as of September 21, 2023. The cumulative total of state…