The Ministry of Finance said that the cessation of state budget would not impact cashflow of the government, if it has regular…
Maldives Islamic Bank (MIB) has established new service centers in Dhaalu atoll Kudahuvadhoo and Alifu Dhaalu atoll Mahibadhoo. The new centers were…
Maldives Inland Revenue Authority (MIRA) reports a total revenue of MVR 1.67 billion for the month of November 2023. According to statistics,…
According to the Maldives government, the recent decision to increase the credit and debit card withdrawal or usage limit for Maldivian students…
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…