State Expenditure at MVR 4 Billion; 30% Lower Than in 2023: Finance Ministry
State expenditure stood at MVR 4 billion so far this year, the Ministry of Finance has said. According to the...
Ihavandhippolhu Bunkering Project Primed to Begin in Three Weeks: Economic Minister
The Ihavandhippolhu bunkering project in Haa Alifu (HA) Atoll, which will seek to provide new revenue streams to the state...
Police, MNDF To Receive Pay Rise in March Despite Strict Austerity Measures
Salaries for the Maldives National Defence Force (MNDF) and Maldives Police Service will be increased starting next month as was...
Green Fund Grows to MVR 1.2 Billion in 2023
The Green Fund had accumulated MVR 1.2 billion by the end of last year, the Ministry of Finance figures show....
Government Introduces Strict Expenditure Rules; Caps Spending, New Positions and Remuneration
The Ministry of Finance, while noting that even though the economy is growing the state’s financial situation is precarious, has...
Japan Provides US$3.5 Million in Additional Grant Aid to DTTB Project in Maldives
The Japanese government will help improve the Maldives’ broadcast infrastructure via a grant aid project valued at JP¥326 million (approximately...
Addu Coastal Tourism Development Plan Launched: Aims for 6,000-Bed Capacity, 10,000 Jobs
The Addu Coastal Tourism Development Plan, which will seek to develop 6,000 tourist beds and a seaplane hub at the...
Housing Ministry Launches ‘Hiyaa Vehi’ Housing Portal
The Mohamed Muizzu administration has launched the ‘Hiyaa Vehi‘ portal. The portal is designed to provide immediate and up to...
Government Launches MVR 100 Million ‘Fashaa Madhadhu’ Schemes for Women Entrepreneurs
The SME Development Finance Corporation (SDFC) and the Ministry of Economic Affairs and Trade have jointly launched the ‘Fashaa Madhadhu...
Government to Vet Thai Company Before Handing Over Thinadhoo Airport Project: Infrastructure Ministry
The Ministry of Construction and Infrastructure on Thursday clarified that the paperwork signed for the development of an international airport...
