State’s budgetary deficit has surged from MVR4.6 billion during the previous week to MVR4.8 billion as of 11th August 2022.…
Browsing: Public Finance
The most recent update from Ministry of Finance confirm state expenses have hit MVR21.5 billion as of 4th August 2022.…
Reserve money saw an annual decline of 4% at the end of June 2022, reports Maldives Monetary Authority (MMA). This…
State revenues are currently MVR5.04 billion less than the government expense in cumulative terms. According to the Ministry of Finance,…
Cumulative total of state expenditure as of 21st July reaches MVR20,070.7 million (MVR20.07 billion), while cumulative total of state revenues…
Cumulative state expenses in annual terms reach MVR18,425.9 million (MVR18.4 billion) as of 14th July 2022. Comparing with stronger state…
The most recent update from Ministry of Finance on their Weekly Fiscal Development confirms the cumulative state expenditure reached MVR17,839.1…
Minister of Finance Mr. Ibrahim Ameer has noted that seeking foreign aid to supplement a budget support will be challenging…
According to Minister of Finance Mr. Ibrahim Ameer, the planned hike in Goods and Services Tax (GST) will push the…
The Government of Maldives and World Bank has signed on two grant agreements with a collect grant extension of USD34…