Several tourism service providers, properties, and operators have paid relevant tax in advance during January to reduce the tax payable at the…
The Maldives government has formulated the policy of using credit cards in state offices and agencies. The policy has been put on…
The state expenditures in cumulative terms reached a total of MVR7.3 billion as of 02nd March 2023, reported the Ministry of Finance.…
The Maldives government collected a total revenue of MVR 1.72 billion in February 2023, reported Maldives Inland Revenue Authority (MIRA). Out of…
Bank of Maldives (BML) has enabled One Time Passwords (OTPs) for all QR payments. The bank has introduced the additional layer to…
The government revenues and grants increased by 23% in December 2022 compared to the same month in 2021, reported the Ministry of…
The cumulative total of state expenditure reached MVR5.49 billion as of 23rd February 2023, according to the Ministry of Finance. On the…
The Maldives government has spent MVR494.4 million in loan repayment as of 16th February 2023, according to the Ministry of Finance. The…
The Maldives government has spent 90% of the compensation budget allocated from the 2023 state budget. According to the Ministry of Finance,…
State revenues inclusive of foreign grants reached MVR4.25 billion as of February 09, 2023. According to the Ministry of Finance, the state…