Government Secures MVR 800 Million Loan to Pay Salaries
The government has taken out a loan of MVR 800 million to pay the salaries of public sector employees this...
Spike in Salary Spend and Operating Expenses Inflates Recurrent Expenditure by 4.5%
The state’s recurrent expenditure increased more than 4.5 percent this year compared to 2023, figures from the Ministry of Finance...
State Expenditure Rises Overall as Capital Expenditure Drops by MVR 1.5 Billion
State expenditure so far this year has increased compared to last year, however, capital expenditure declined by MVR 1.5 billion,...
Reduced Capital Spending Will Impact Economic Growth: Deputy Governor
Deputy Governor of the Maldives Monetary Authority (MMA), Ahmed Imad, has said that the reduction in capital expenditure will have...