Malé, Maldives – The Finance Ministry today requested the Maldives Parliament to extend the overdraw period by an additional year. The parliament has previously granted overdraw approvals in 2020 and 2021 due to the Covid-19 pandemic. The Maldivian Parliament previously approved the suspension of Article 32 (a)(b)(e) of the Fiscal Responsibility Act allowing for MVR … Continue reading Finance Ministry seeks to extend overdraw period