Maldives Capable of Managing Economic, Fiscal Hurdles Without External Assistance: Economic Minister
The Maldives is capable of managing its economy, and fiscal policy, and does not need an intervention from the International...
Germany Takes Over Japan as World’s Third Largest Economy
Japan, once a top contender for the world’s leading economy, is now ranked fourth, trailing behind Germany. Japan struggles with...
Invest Maldives 2024 Dubai Attracts 290 Representatives Across 130 Companies
Two hundred and ninety representatives from 130 companies attended the Invest Maldives Forum 2024 held in Dubai, United Arab Emirates...
State Revenue at MVR 3.6 Billion for January; 12.2% Higher Than Forecasts
The Maldives Inland Revenue Authority (MIRA) collected MVR 3.6 billion in January this year. January 2024 collections were 5.7 percent...
MIFCO Lowers Purchase Price of Skipjack Tuna Amid Financial Challenges
Maldives Industrial Fisheries Company (MIFCO) on Monday reduced the per kilogram purchase price of Skipjack tuna from MVR 25 to...
State Revenue Exceeded Expenditure in January: Finance Ministry
Revenue exceeded expenditure by MVR 585 million in the first month of the year, according to data released by the...
Finance Ministry Initiates Sale of T-Bills Worth MVR 2.5 Billion
Treasury bills (T-bills) have been issued for the third time this year, this time worth MVR 2.5 billion, to cover...
Maldives’ Human Capital Index Stunted Due to Education Gaps: World Bank Report
The World Bank’s maiden Human Capital Review (HCR) for the Maldives found that a child born in the country today...
IMF Cautions Maldives on Slowdown After Positive Post-Pandemic Growth, Urges Implementation of Proposed Fiscal Reforms
The Maldives’ post pandemic growth has been strong, but recently normalised, with growth in 2024 projected at 5.2 percent even...
STO Commences ‘Construction Solutions Ramadan Bazaar 2024’
The State Trading Organization (STO) kicked off its annual Construction Solutions Ramadan Bazaar on Tuesday, with the promotion set to...
