The state collected US$122.57 million in November 2024, a 13.2 percent increase compared to the same period in 2023, Maldives Inland Revenue Authority (MIRA)...
Ministry of finance has reported progress in state revenue, compared to last year. The weekly fiscal report indicates that the state received USD2 billion...
Managing Director of Housing Development Corporation (HDC) Fazul Rasheed has announced that the corporation has recovered USD14.7 million in outstanding payments from the facilities...
Hamdhan Shakeel, Managing Director of Fahi Dhiriulhun Corporation (FDC), has disclosed that the outstanding amount of USD 11.5 million for the construction of 4,000...
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...
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....
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...
Ministry of Finance has announced that the state budget 2025 will prioritise fulfilling the commitments of President Dr. Mohamed Muizzu, with a particular focus...
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...