Maldives Monetary Authority (MMA) project the country’s economic recovery trajectory will maintain traction in 2023, despite negative global impact. The Maldives central…
Bank of Maldives announce the winners of their Small Grants Fund. The fund was introduced as part of the series of 12…
Maldives government has sold MVR3.49 billion worth of treasury bills (T-Bills) to fund state expenses, report Ministry of Finance. The ministry on…
Government of India extends a financial assistance worth USD100 million to the Maldives, amid economic challenges the island nation face. At the…
State revenues, inclusive of grants for October 2022 stood at MVR1,514.0 million (MVR1.5 billion), observing a 0.5% decline from the same month…
According to Ministry of Finance, Green Tax collection reached MVR61.7 million in October 2022. The total Green Tax total for the month…
State’s cumulative tax revenue has reached MVR16,953.0 million (MVR16.95 billion) as of 17th November 2022. On the other hand, cumulative non-tax revenue…
Bank of Maldives (BML) on Wednesday, 23rd November 2022, announced it will be imposing value ceilings for check transactions. A statement from…
State expenditure has reached MVR32,231.0 million (MVR32.2 billion) as of 17th November 2022. The approved expenditure for the fiscal year is MVR34,101.8…
Maldives President Ibrahim Mohamed Solih on Tuesday, 22nd November, ratified the sixth amendment bill to the Goods and Services Tax (GST) Act…