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      Maldives Posts MVR 2 bn surplus as Tax Revenues Surge in Early 2026

      March 16, 2026

      Maldives Tourist Arrivals Drop 23% in March Amid Middle East Conflict

      March 15, 2026

      STO Assures Stable Fuel Supply Amid Surging Global Oil Prices

      March 15, 2026

      Cinnamon Dhonveli conducts reef restoration initiative

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      March 15, 2026
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    Maldives Business TimesMaldives Business Times
    Home » PUBLIC SECTOR » Page 61
    FINANCE

    Expenditure at MVR15.95bn, revenues at MVR12.3bn

    June 27, 2022

    According to Ministry of Finance in their most recent Weekly Fiscal Developments, the cumulative total of state expenditure has reached…

    FINANCE

    State deficit inflates to MVR3.6bn, expenditure hit MVR15.3bn

    June 15, 2022

    The latest update from Ministry of Finance reveals state has spent a cumulative total of MVR15,307.4 million (MVR15.3 billion) so…

    PUBLIC SECTOR

    Housing Ministry to open land issuance application in late-June

    June 15, 2022

    Minister of National Planning, Housing and Infrastructure Mr. Mohamed Aslam confirms his respective ministry’s decision to announce application for land…

    FINANCE

    Japan extends grant aid for Human Resource Development Scholarship project

    June 14, 2022

    The government of Japan has provided a grant aid of JPY117,000,000 (MVR13,389,210) towards implementation of the human resource development scholarship…

    BUSINESS

    Funaddu fisheries facility to be operational in 2023

    June 14, 2022

    The Minister of Fisheries, Marine Resources and Agriculture Dr. Hussain Rasheed Hassan recently told Maldives Parliament that the fishing facility…

    BUSINESS

    State earns MVR1.28bn of revenue in May 2022

    June 12, 2022

    Maldives Inland Revenue Authority (MIRA) revealed that the state earned a total of MVR1.28 billion of revenue in May 2022.…

    PUBLIC SECTOR

    President assures Maldives’ economy’s prospering health

    June 9, 2022

    Maldives President Ibrahim Mohamed Solih on Wednesday assured on the country’s prospering economy. While noting that the country’s nominal Gross…

    FINANCE

    Poverty Rate of Maldives drop by 7%

    June 6, 2022

    According to World Bank’s latest Maldives Development Update, the island nation’s poverty rate dropped by 7% in 2021. The country’s…

    FINANCE

    Finance Minister denies rumors over reserve depletion

    June 6, 2022

    The Maldives Minister of Finance Mr. Ibrahim Ameer has denied the rumors surrounding the depletion of the country’s reserves. Recently,…

    PUBLIC SECTOR

    State reserve expect drop to critical levels, says Speaker

    June 5, 2022

    The Speaker of Maldives Parliament Mr. Mohamed Nasheed has warned on state reserve’s expected drop to critical levels by July…

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    Maldives Tourist Arrivals Drop 23% in March Amid Middle East Conflict

    March 15, 2026

    Tourist arrivals to the Maldives have fallen sharply this month, with figures pointing to a…

    STO Assures Stable Fuel Supply Amid Surging Global Oil Prices

    March 15, 2026

    Cinnamon Dhonveli conducts reef restoration initiative

    March 15, 2026
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