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Local News
Maldives’ official reserves rise to $444 mln by end of August
The Maldives’ official reserves have increased to $444 million by the end of August. According to data from the Maldives…
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Local News
Maldives records $72 mln in remittances for 2023
A total of US$72 million (approximately MVR 1.1 billion) was sent abroad as remittances from the Maldives last year. According…
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Local News
Damage caused by heavy rains exceeds MVR one mln: NDMA
The National Disaster Management Authority (NDMA) has said that the damage caused by last month’s heavy rains in the Maldives…
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Local News
Maldives’ official reserves drop by over $100 mln in July
The Maldives’ official reserves has seen a significant decline in July. According to the central bank, Maldives Monetary Authority (MMA)’s…
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Local News
FENAKA ordered to settle MVR 5 mln debt to private company within 30 days
FENAKA Corporation has been ordered to pay MVR 5 million to a private company, B. Eydhafushi Cable Shop, within thirty…
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Local News
Maldives welcomes over 1.3 mln tourists
The number of tourists visiting the Maldives thus far this year has crossed 1.3 million. According to the Tourism Ministry,…
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Local News
MIRA collects MVR 66 mln in Zakat-al-Mal
The national tax agency, Maldives Inland Revenue Authority (MIRA) has collected MVR 66 million as Zakat-al-Mal by July this year.…
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Local News
2022 audit reveals Island Aviation owes almost MVR 1 mln to EC
The Auditor General has revealed that Island Aviation owes approximately MVR 1 million to the Elections Commission (EC), according to…
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Local News
Health Minister reveals MVR 300 mln debt to STO for health expenditures
Health Minister Dr. Abdulla Khaleel has disclosed that the State Trading Organization (STO) was owed about MVR 300 million for…
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Local News
US pledges $8.5 mln to enhance Maldives’ public fiscal management
The United States has agreed to provide $8.5 million to the MAldives to strengthen public fiscal management. The agreement was…
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