Parliament to Consider Fiscal Responsibility Bill and State Debt Bill
The Bill on Fiscal Responsibility and the Bill on State Debt were accepted for legislative consideration by the Parliament on…
Total State Debt Up; External Debt Down
State debt stood at MVR 126 billion at the end of the first quarter (Q1) this year, the Ministry of…
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…
Parliament Considers Government-Proposed SDF Bill
The Sovereign Development Fund (SDF) Bill, introduced for Parliament’s consideration on Wednesday, will limit the use of the Sovereign Development…
Maldives’ Budget Deficit Climbs to MVR 215 Million; Trend Expected to Continue
The expenditure spike in March will see the state face its first deficit for 2024 after revenue exceeded expenditure in…
Fishermen at Kooddoo Protest Over Unpaid Dues; Government Promises to Clear Outstanding MVR 280 Million by 5 March
Fishermen gathered at Maldives Industrial Fisheries Company’s (MIFCO) Koodoo Fisheries Complex are protesting the company’s failure, over the last three…
Government Issues Treasury Bills Worth Over MVR 4 Billion
Treasury bills worth MVR 4.2 billion have been offered on sale, with the Ministry of Finance issuing bills worth MVR…
