The rate of inflation, measured by the annual percentage change in the national CPI decelerated to 2.5% in July 2022, reports Maldives…
Maldives Monetary Authority (MMA) confirms the country’s real GDP grew by 19.3% in Q1-2022. This growth was recorded following a 49.6% growth…
More than 35,800 applications for housing have been received to Ministry of National Planning, Housing and Infrastructure (MNPHI). The applications for housing…
Maldives President, Ibrahim Mohamed Solih departs on Sunday, 16th October, for K. Kaashidhoo. The Maldivian head of state is traveling to the…
Minister of Finance Ibrahim Ameer confirms state budget for 2023 will exceed MVR 41 billion. The minister made the declaration during Thursday’s…
Addu City Council has revealed its decision to issue a total of 298 land plots from the city’s Feydhoo island; nearly a…
Pakistan’s President Dr. Arif Alvi on Tuesday, 11th October, called for the need to further cement the bilateral ties between Maldives and…
According to Maldives Inland Revenue Authority (MIRA), state collected a total revenue of MVR1.41 billion for the month of September 2022. Out…
State expenditure in annual terms reached MVR27.7 billion as of 29th September. Meanwhile, revenues inclusive of foreign grants, for the same review…
Maldives economy expects robust improvement, however its debt may surge further according to a recent World Bank report. World Bank in its…