MVR
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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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Local News
Maldives’ national debt expected to hit MVR 123.4 bln by year’s end
The Maldives’ national debt is anticipated to reach MVR 123.4 billion by the end of this year, according to recent…
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Local News
Infrastructure Ministry completes 37 projects worth MVR 1.976 bln
Infrastructure Minister Dr. Abdulla Mutthalib has stated that 37 projects at a total contract value of MVR 1.976 billion has…
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Local News
MVR 64mln compensation to Dheebaja unnecessary: Audit
The Auditor General’s Office (AGO) has released a special audit report stating that the MVR 64 million compensation paid to…
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Local News
MVR 5.1 bln supplementary budget submitted for parliament approval
A supplementary budget of MVR 5.1 billion has been submitted for parliamentary approval. The supplementary budget was presented to the…
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Local News
Supplementary budget forecasts additional MVR 640 mln in revenue and grants
An additional MVR 640.1 million in revenue and grants is expected for the Maldivian government this year, according to the…
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