Maldives government has announced an increment in the card limit starting from February 2024 onward, which would facilitate Maldivian students studying abroad…
The Maldives government has overdrawn MVR 8.2 billion in the last three years, according to Maldives Monetary Authority (MMA) data. According to…
The government expenditure reaches MVR 42.3 billion by December 07, 2023, reports the Ministry of Finance. According to the ministry’s ‘Weekly Fiscal…
The amount of minimum investment in a Special Economic Zone (SEZ) under the presidential decree has been set at USD 100 million…
The Maldives Parliament has passed an MVR 49.8 billion (USD 3.2 billion) state budget for the upcoming 2024. The budget was approved…
The Bank of Ceylon (BOC) and Mauritius Commercial Bank (MCB) have successfully onboarded as the new participants of Favara – the Maldives…
The current government has spent MVR 520 million in expenses in their first week in office, while generated an income of MVR…
The reclamation project of Fushidhiggaru lagoon has been excluded from the 2023 State Budget by the Maldives parliament. The parliament’s budget committee…
The government’s expenditure has reached to MVR 39.5 billion as of November 16, 2023, reports the Ministry of Finance. According to the…
Maldives Customs Service has revealed a total of MVR 31.7 million has been confiscated by the authority in the past six years…