The cumulative state expenditure reaches MVR 8.9 billion as of March 21st, 2024, reports the Ministry of Finance. According to the ministry,…
Maldives President Dr. Mohamed Muizzu has reportedly said India will continue to remain the “closest ally” to the Maldives, as the country…
Zakat House, run under the purview of the Ministry of Islamic Affairs, has commenced accepting Zakat for the year. A statement from…
While the budget surplus has been maintained during the current fiscal year, it’s gap has constrained significantly as of February 29, 2024.…
Maldives President Dr. Mohamed Muizzu has highlighted the positive impact of his administrations’ decision to cease printing new banknotes. While speaking with…
The total assets of the Maldivian financial sector was reported at MVR 24.2 billion by the end of January 2024, which is…
The SME Development Finance Corporation (SDFC) has added new categories to their ‘Kandufalhuge Nafaa’ loan facility. The new additions, specifically target the…
The Bank of Maldives (BML) on Thursday, February 15, 2024 announced a promotion for customers applying for Lui Loan and BML Islamic…
Bank of Maldives (BML) on Wednesday, February 14, 2024 has announced the launch of instant approval for personal loan and financing facilities.…
The recent International Monetary Fund (IMF) mission visit to the Maldives has culminated with a warning issued on the country’s economic stability.…