Government Payment Delays Push Small Businesses to the Brink
Since President Mohamed Muizzu assumed office eight months ago, small and medium-sized enterprises (SMEs) have faced severe financial strain due...
MDP Expresses Support for Government’s Economic Reform Package, Questions ‘Excessive’ Political Appointments
The opposition Maldivian Democratic Party (MDP) will support the administration’s proposed legislative package aimed at cutting state spending and reforming...
SOEs Behind on Dividend Payments, Fines and Taxes Owed to State
State-owned enterprises (SOEs) have paid out only MVR 246 million in dividends owed to the state from their profits last...
Year End Target for SDF US$100 Million: Minister Shafeeq
The Maldives’ target is to build up US$100 million in its Sovereign Development Fund (SDF) by the end of the...
Government Ready to Implement Fiscal Reform Programme; SOEs First in Line: Minister Shafeeq
The administration is ready to take the necessary measures to manage the nation’s debt; starting with reforms to state-owned enterprises...
President Muizzu Establishes Development Bank of Maldives Limited
President Mohamed Muizzu has established the Development Bank of Maldives Limited (DBM). According to the President’s Office, the President established...
Government Initiates Treasury Bills Sale Worth MVR 2 Billion
Treasury Bills (T-Bills) worth MVR 2 billion will be issued to cover government expenditure, with the Ministry of Finance issuing...
SOEs Issue Promotions, Create Jobs Ahead of Parliamentary Elections; ACC Halts MIFCO Staff Promotions
Maldives Ports Limited (MPL) issued promotions for up to 500 employees ahead of Sunday’s parliamentary elections, inside sources have confirmed....
MDP Leader Vows to Criminalise Political Dismissals if Party Wins Parliament Majority
Should the Maldivian Democratic Party (MDP) win a majority in the upcoming parliamentary elections, dismissals rooted in political alignment will...
Government Compliance With Right to Information Act Extremely Low: ICOM
The amount of information published by government agencies of their own initiative under the Right to Information Act is extremely...
