President-elect’s Office has assured financial independency to government bodies under Dr. Mohamed Muizzu’s administration. The office earlier said that during its multiple…
Maldives government has generated a revenue of MVR 6.32 billion in Q3-2023, which is a 17.3% increment compared to the same quarter…
Maldives government budgets MVR 600 million for the revised subsidy policy based on the economic conditions of individual citizens. The subsidy policy…
According to Maldives Monetary Authority (MMA), the central bank of the country, a total of 1.2 million bank cards have been issued…
Maldives government generated a revenue of MVR 1.18 billion in September 2023, reports Maldives Inland Revenue Authority (MIRA). According to MIRA, this…
Government’s losses and write-offs reached MVR 374 million as of October 12, which is thrice more than originally budgeted for 2023. The…
Maldives Police Service said they have received possible incriminating evidence or information of potential financial mismanagement by senior members of the Football…
The cumulative total of state expenditures reached MVR 35.9 billion as of October 12, 2023. According to the Ministry of Finance, the…
Ministry of Finance forecasts that state debt will reach to MVR 129 billion in 2024. The ministry in its Fiscal Strategy Report…
The president-elect’s office has said that the state-owned enterprises (SOEs) are experiencing severe cashflow shortages. According to the office, the cashflow shortages…