Vehicle annual fees to be paid to councils
Malé, Maldives - Ministry of Finance has announced that from next year, the annual fee for road vehicles and sea vessels will be accepted only by the councils where it… Continued
Ministry of Finance
Budget 2023: SDF will have accumulated $500 million by 2025
Malé, Maldives - Government of Maldives has revealed that the Sovereign Development Fund (SDF) is expected to have USD 500 million by the end of 2025. The Finance Ministry's budget… Continued
Maldives high public spending has not translated into faster economic growth: World Bank
Washington, US - World Bank has stated that higher public spending of the Maldivian government in the recent years has not translated into faster economic growth of the country. “Maldives… Continued
Maldives not at risk of default: Finance Minister
Malé, Maldives - Minister of Finance Ibrahim Ameer on Wednesday stated that the Maldives has no in debt servicing and is not at risk of default. The Finance Minister has… Continued
Parliament approves overdraft extension til end of 2023
Malé, Maldives - The Maldives Parliament has approved the Finance Ministry's request to extend the overdraw period by an additional year with the condition to convert the overdraw amount till… Continued
State expenditure at MVR 20 billion
Malé, Maldives - Finance Ministry, today, released a report revealing that the cumulative state expenditure for the period, 01 January to 16 September is MVR 20.2 billion while the state… Continued
1796 health sector employees affected by government salary mix-up
Malé, Maldives - Finance Ministry of Maldives informs that 1796 employees working in the health sector have been affected by the August salary mix-up and the government is working to… Continued
Govt. liquidates 9 State-owned companies including Felivaru, Koodoo Fisheries
Male', Maldives - Finance Ministry of Maldives revealed this Wednesday that there are currently nine state-owned companies assigned for liquidation. The latest list released by the Finance Ministry shows nine… Continued
Schools were not used as Ijarah to borrow money: Finance Ministry
Male’, Maldives – Finance Ministry stated that the government has so far not taken any debt by using schools as Ijarah asset and that any statement saying otherwise is untrue.… Continued
Malaysian company files lawsuit against Maldives govt for failure to pay costs
Malé, Maldives - WZR Property Sdn Bhd group has filed a lawsuit against the government, for failure to make a payment of USD 22 million owed for the work done… Continued
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