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Local News
Over MVR 10 bln utilized for PSIP projects
The state has utilized over MVR 10 billion for Public Sector Investment Program (PSIP) projects this year. Statistics released by…
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Local News
Green fund grows to MVR 1.6 bln by September
The Finance Ministry has revealed that the Green Fund had accumulated over MVR 1.6 billion by the end of September.…
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Local News
Parliament approves MVR 56.6 bln state budget for 2025
The Parliament has approved a budget of MVR 56.6 billion for 2025. The budget, presented to Parliament on October 31,…
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Local News
Over MVR 2 bln spent loan repayment this year
The government has spent MVR 2 billion on loan repayment thus far this year. According to the latest Weekly Fiscal…
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Local News
MVR 87 bln deposited to SDF, aiming for USD 150 mln by end of 2025
A total of MVR 87 million has been deposited to the Sovereign Development Fund (SDF) over the last year. The…
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Local News
Maldives recovers MVR 3.7 bln in outstanding state payments
President Dr. Mohamed Muizzu announced that the government has successfully recovered MVR 3.7 billion in unpaid funds owed to the…
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Local News
Proposed 2025 budget allocates MVR 14 bln for employee salaries
The government’s proposed budget for next year has earmarked MVR 14 billion for employee salaries. According to official figures, the…
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Local News
Gov’t’s cost-cutting measures expected to save MVR 6 bln: Finance Ministry
Cost-cutting measures being implemented by the government will reduce expenditure by more than MVR 6 billion next year, the Finance…
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Local News
Finance Ministry submits MVR 56.6 bln budget for 2025
The Finance Ministry has submitted a proposed budget of MVR 56.6 billion to Parliament for the upcoming year. Presenting the…
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Local News
Parliament approves MVR 5.1 bln supplementary budget
The Maldives Parliament has approved the supplementary budget of MVR 5.1 billion Finance Minister Moosa Zameer presented the budget to…
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