Finance

Education Minister confirms clearance of outstanding bills, USD 2.21 million remains

Minister of Education Dr. Ismail Shafeeu has stated that all but USD 2.21 million of the outstanding bills of the educational projects have been...

Parliamentary Budget Committee approves USD 3.7 bln State Budget 2025

The Parliament's Budget Committee has approved the government-proposed USD 3.7 billion for state budget 2025. The committee passed the budget without any modifications but...

Finance minister highlights risks of insufficient budget allocations

Minister of Finance Moosa Zameer has voiced concerns that inadequate financial allocations for development projects could lead to significant delays and hinder long-term progress....

Gov’t pays outstanding bills worth USD428 million to state-owned enterprises

President Dr. Mohamed Muizzu has announced that a total of USD428 million has been paid to settle outstanding debts owed to state-owned enterprises (SOEs). When...

“State budget 2025 will prioritise the commitments of the President”

Ministry of Finance has announced that the state budget 2025 will prioritise fulfilling the commitments of President Dr. Mohamed Muizzu, with a particular focus...

Next year’s budget to be the first to follow IMF guidelines: Gov’t

Deputy Minister at the Ministry of Finance Ahmed Saeed Musthafa has stated that next year’s state budget will be the first to be prepared...

Parliament approves supplementary budget of USD 332 million

The Parliament has approved the supplementary budget of USD 332 million as proposed by the government. This budget was passed with 75 votes in...

Committee approves USD 7 million budget for Auditor General’s Office

The Parliament's Budget Committee has approved a budget of USD 7.39 million for the Auditor General's Office (AGO) for the upcoming year. The Constitution...

MIRA notes progress in efforts to recover outstanding debts

Commissioner General of Taxation Hassan Zareer has said positive progress in the Maldives Inland Revenue Authority's (MIRA) efforts to recover outstanding debts. Speaking to PSM...

State records increase in revenue so far this year

The Ministry of Finance has recorded an increase in state revenue so far this year compared to last year. The Weekly Fiscal Development Report released...

IsDB discusses Islamic finance in Maldives

The Islamic Development Bank Institute (IsDB) has held discussions on the development and promotion of Islamic finance in the Maldives. The talks were held during...

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Ooredoo gifts equipment required to provide air ambulance services

Ooredoo Maldives has gifted special equipment required to provide...

MSS expands feeder service to Indonesia

Maldives State Shipping (MSS) has decided to launch its...

DBM’s Chairperson and CEO holds fruitful talks with the President

The Chairperson Aruni Goonetilleke and CEO Noel Gregor Paterson-Jones...

Health Minister attends Asia Pacific Regional Forum on Health and Environment

Minister of Health Dr. Abdulla Khaleel has participated in...

Education Minister urges being committed and to act with integrity

Minister of Education Dr. Ismail Shafeeu has advised the...
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