Civil Court of the Maldives has declined to grant an interim injunction to delay the lease of Vaavu atoll Fohtheyo lagoon. After…
The Maldives government has collected a total revenue of MVR 5.19 billion in Q2-2023, a 2.4% drop compared to the same quarter…
The year-to-date total of state expenditure reached MVR 25.7 billion as of July 27, 2023, according to the Ministry of Finance. According…
A year after Russia invaded Ukraine, approximately 400,000 US-made semiconductors worth USD53.6 million were shipped to Russia via the Maldives, reports Russian…
The state expenditure has observed a slow-down whereas the revenues have observed noticeable increment. According to the Ministry of Finance, the cumulative…
In a bold move that promises to redefine luxury tourism in the Maldives, the visionary project known as Projekt Delfin is set…
Maldives Inland Revenue Authority (MIRA) has reported a total state revenue of MVR 1.61 billion for June 2023. According to the authority,…
Maldives Monetary Authority (MMA) has restricted the government’s overdraft limit to MVR 2 billion. Despite the central bank’s imposed limitation on currency…
The governments of Maldives and the United Kingdom have entered into a maritime security agreement. The agreement was signed by the Minister…
The cumulative total of Goods and Services Tax (GST) earnings to the government has reached MVR 7,260.2 million (MVR 7.3 billion) as…