The cumulative total of state expenditures reached MVR 35.9 billion as of October 12, 2023. According to the Ministry of Finance, the…
A “pressure pad” system used in Kulhudhuffushi Airport exploded on Thursday morning, October 19 leaving four injured with one in critically severe…
Ministry of Finance forecasts that state debt will reach to MVR 129 billion in 2024. The ministry in its Fiscal Strategy Report…
Dhiraagu opens a wallet through ‘DhiraaguPay’ for the International Aid Campaign’s (IAC) Gaza Emergency Relief Fund. The telecommunication service provider has donated…
The president-elect’s office has said that the state-owned enterprises (SOEs) are experiencing severe cashflow shortages. According to the office, the cashflow shortages…
Ministry of Finance has revealed Maldives government spent nearly MVR 300 million from the 2023 fiscal budget on treasury loans to facilitate…
The Maldives Civil Court has issued a prohibition of travel on a vessel that capsized on Kudagiri lagoon. AM MSV Mariya Sinthayathirai…
One of the largest credit rating agencies in the world, Fitch Ratings, has once again assigned a “B minus” rating to the…
Maldives National Association of Construction Industry (MNACI) raised concerns over the government delays in paying private contractors for state-initiated projects. MNACI said…
Indira Gandhi Memorial Hospital (IGMH) has spent nearly MVR 1 billion for its outsourced departments. IGMH said that it outsourced only two…