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

      June 14, 2026

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    Home » PUBLIC SECTOR » Page 69
    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…

    FINANCE

    State expenditure hit MVR14.0bn, deficit at MVR2.9bn

    June 2, 2022

    According to the latest update from Ministry of Finance, the cumulative total of state expenditure has reached MVR14,047.3 million (MVR14.0…

    FINANCE

    Maldives real GDP growth rate at 12% in 2022

    June 1, 2022

    Maldives Monetary Authority (MMA) confirms in its latest statistics that the real Gross Domestic Product (GDP) growth rate in 2022…

    FINANCE

    Revenue collection increase by 14.7% in April 2022

    May 14, 2022

    According to Maldives Inland Revenue Authority (MIRA) the total revenue collected during the month of April 2022 increased by 14.7%,…

    BUSINESS

    Zakat-Al-Mal collections increase by 65%

    May 14, 2022

    Maldives Inland Revenue Authority (MIRA) reports a 65% increment in the national collection of Zakat-Al-Mal. According to the authority, it…

    FINANCE

    Revenues observe 51.2% increment in February 2022

    May 12, 2022

    Revenues inclusive of grants to the state observed a 51.2% increase in February 2022 compared to the corresponding month in…

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    Lending to Your Own Government: A Guide to Maldivian Government Securities and the Law That Makes Them Work

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    The Maldivian state owed the market about MVR 97 billion through securities alone. That is…

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