State Revenue Hits MVR 2.33 Billion in February, Outpaces 2023 Collections and 2024 Projections
The state received MVR 2.33 billion in revenue last month, according to data released by the Maldives Inland Revenue Authority...
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...
PSIP Spending Down 83% in January: Finance Ministry
Public Sector Investment Programme (PSIP) spending fell 83 percent in January this year when compared to the same period last...
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...
Halting Debt Monetisation Won’t Affect Cash Flow if Revenue Forecasts Are Met: Finance Ministry
The Ministry of Finance has said that the cash flow will not be affected, with the halting of debt monetisation,...
State’s US Dollar Earnings Jump 12%
The state has received, as US dollar revenue, US$851 million, or the equivalent of MVR 13 billion, in revenue as...
Maldives Sees 18.6% Increase in Revenue
The Maldives has reported a significant increase in revenue collection for the year, according to statistics released by the Ministry...
State Collects MVR 1.7 Billion as ADF, Departure Tax Revenue
The state has collected MVR 1.7 billion as Airport Development Fee (ADF) and departure tax so far this year, the...
Maldives’ Economic Crossroads: Fiscal Challenges and Strategic Solutions
The Maldivian economy stands at a crucial juncture, grappling with significant fiscal challenges amidst ambitious developmental aspirations. Amidst rising debt,...
World Bank Urges Maldives to Implement Immediate Fiscal Reforms
The Maldives faces significant economic risks from rising spending, high debt, and external shocks, despite a projected 6.5 percent growth...
