MVR
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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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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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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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