MVR
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Local News
MWSC launches MVR 400mln bond for investment
Male’ Water and Sewerage Company (MWSC) has introduced a bond worth MVR 400 million bond for public investment. First National…
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Local News
HDC recovers MVR 226 mln in outstanding land rent
The Housing Development Corporation (HDC) has recovered MVR 226 million of the MVR 1.3 billion owed to the corporation in…
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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
MPL targets MVR 100mln monthly revenue by year-end
Maldives Ports Limited (MPL)’s CEO Mohamed Wajeeh has said that the company aims to increase its revenue to MVR 100…
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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
Finance Ministry transfers 19 land plots to FDC for MVR 1bln stake
The Finance Ministry has transferred 19 plots under its name to the Fahi Dhiriulhun Corporation (FDC) in exchange for an…
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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
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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