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    Loan Repayments Nearly Triple as the Debt Stock Nears MVR 97 Billion

    June 16, 2026

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    June 16, 2026

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    June 16, 2026
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      Loan Repayments Nearly Triple as the Debt Stock Nears MVR 97 Billion

      June 16, 2026

      Tourism Revenue Climbs Even as Fewer Guests Arrive

      June 16, 2026

      Consumption Taxes Carry the Economy as Subsidies Swell

      June 16, 2026

      Spending Overtakes Revenue as the State Slips Into Deficit

      June 16, 2026

      PayPal Launches in Maldives, Opening Global Commerce for Local Entrepreneurs

      June 15, 2026
    • BUSINESS

      PayPal Launches in Maldives, Opening Global Commerce for Local Entrepreneurs

      June 15, 2026

      STO People’s Choice Opens First Floor, Expanding Home Improvement and Lifestyle Offerings

      June 14, 2026

      Visit Maldives Corporation Posts Best Revenue in Eight Years

      June 10, 2026

      Maldives Welcomes close to a million Tourists by Early June, Down 4.8%

      June 10, 2026

      New Plastics Rules Set MVR 100,000 Fines for Banned Items

      June 9, 2026
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    Maldives Business TimesMaldives Business Times
    Home » PUBLIC SECTOR » Page 76
    FINANCE

    Maldives government propose MVR36.9bn as 2022 state budget

    November 2, 2021

    The proposed state budget by the Maldives government for the upcoming year of 2022 is MVR36,925.4 million (MVR36.9 billion). Furthermore,…

    PUBLIC SECTOR

    Ministry of Tourism announce 18 islands on bid for resort development

    October 27, 2021

    The Ministry of Tourism of Maldives has confirmed that the lease of 18 islands in 10 different atolls for the…

    BUSINESS

    Maldives AGO signs with AG of India to strengthen bilateral cooperation

    October 24, 2021

    The Auditor General’s Office of the Maldives and the Comptroller and Auditor General of India has signed on a Memorandum…

    PUBLIC SECTOR

    State expenses cross over MVR22.9bn, revenues bump to MVR15.2bn

    October 21, 2021

    As per the latest updates from the Ministry of Finance, the state expenditure has reached MVR22,915.9 million (MVR22.9 billion) as…

    FINANCE

    Total revenues to state in August observe 32.6% decrement

    October 14, 2021

    According to the latest in the Monthly Fiscal Developments from Ministry of Finance, the total revenues to the state in…

    FINANCE

    State expenditure reaches MVR22.6bn as of October first week

    October 14, 2021

    According to the Ministry of Finance, the cumulative total of state expenditure has reached MVR22,606.3 million (MVR22.6 billion) as of…

    FINANCE

    State revenue observes 133.5% increment in September 2021

    October 13, 2021

    According to Maldives Inland Revenue Authority (MIRA) the state revenue collection hit MVR1,981.6 million (MVR1.98 billion) in September 2021. Moreover,…

    FINANCE

    EU removes Maldives from ‘non-cooperative’ tax jurisdictions list

    October 7, 2021

    The European Union (EU) has removed the Maldives from the list of “non-cooperative” tax jurisdictions list, following significant improvements made…

    FINANCE

    Maldives minimum wage set at MVR5,700

    October 6, 2021

    Following much deliberation and discourse, the Minimum Wage Board announced the final lowest wage that will be given to employees.…

    PUBLIC SECTOR

    Japan extend grant aid to Maldives for Sea Ambulance provision

    October 5, 2021

    The Japanese government has extended a grant aid of 400 million Japanese Yen (approximately USD3 million) to the government of…

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    FINANCE

    Tourism Revenue Climbs Even as Fewer Guests Arrive

    June 16, 2026

    Maldives tourism tax revenue rose through early June, even though fewer travelers reached the islands.…

    Consumption Taxes Carry the Economy as Subsidies Swell

    June 16, 2026

    Spending Overtakes Revenue as the State Slips Into Deficit

    June 16, 2026
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