budget
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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
MVR 39bln in Construction Ministry projects; unfundable by state budget
The previous administration signed MVR 39 billion worth of projects under the Construction Ministry alone, Minister Dr. Abdullah Muthalib has…
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Local News
MP Siyam refuses to vote on budget without detailed breakdown
Maldives Development Alliance (MDA) leader and Meedhoo Constituency MP Ahmed Siyam Mohamed today said he would not vote on the…
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Local News
Budget expenditure reaches MVR 41bln
The Maldives government’s budget expenditure for this year has reached MVR 41 billion thus far this year, including the expenditure…
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Local News
Budget financing crucial to carry out projects, says governor
The central bank, Maldives Monetary Authority (MMA)’s Governor, Ahmed Munawwar, has cautioned that the country’s reserves will be affected if…
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Local News
Parliament opens debate on proposed MVR56.6bln budget
The Maldives Parliament has commenced the debate on the proposed budget for the upcoming year. Beginning Tuesday’s Parliament sitting, Speaker…
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Local News
Contingency Budget to be utilized to maintain block grant levels for councils
The contingency budget will provide the necessary funds to maintain the block grant allocations to councils in next year’s budget,…
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Local News
Budget Committee to complete budget review by November 20
The Parliament’s Budget Committee will complete its review of the proposed budget for next year by November 20. The Finance…
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Local News
Gov’t to secure MVR 6.6bln from foreign banks for budget support
The government has planned to obtain MVR 6.6 billion for next year’s national budget from foreign commercial banks. The government…
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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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