The Auditor General’s Office of the Maldives and the Comptroller and Auditor General of India has signed on a Memorandum of Understanding…
A recent study from World Bank on the global debt issue identifies that the foreign direct investment in the Maldives has decreased…
Effective from 17th October 2021, Bank of Maldives (BML) has confirmed on increasing the limit of foreign transactions via credit cards. According…
According to the latest in the Monthly Fiscal Developments from Ministry of Finance, the total revenues to the state in the month…
According to the Ministry of Finance, the cumulative total of state expenditure has reached MVR22,606.3 million (MVR22.6 billion) as of 07th October…
According to Maldives Inland Revenue Authority (MIRA) the state revenue collection hit MVR1,981.6 million (MVR1.98 billion) in September 2021. Moreover, as per…
The European Union (EU) has removed the Maldives from the list of “non-cooperative” tax jurisdictions list, following significant improvements made by the…
Following much deliberation and discourse, the Minimum Wage Board announced the final lowest wage that will be given to employees. As such,…
The Capital Market Development Authority (CMDA) will carry out awareness activities during the first week of October to celebrate the ‘World Investor…
According to Ministry of Finance, the state’s spending towards Covid-19 efforts reach MVR3,895.3 million (MVR3.9 billion) as of 30th September 2021. The…