Finance Ministry
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NewsMVR 22 from MVR 100 for debt repayment
The Maldives is expected to spend MVR 2.2 billion on debt repayments and MVR 5.2 billion on debt interest payments in 2024, according to the annual state budget submitted for parliamentary approval this week.
NewsNew government backs targeted subsidies
The incoming administration agrees with the policy change of eliminating the current blanket or indirect subsidies in favor of targeting subsidies to the needy, the Finance Ministry said.
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Experts concerned over unsustainable debt
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Pay rise proposed for all state employees
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93 percent of supplementary budget funded through debt
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MVR 200 million added to budget upon Muizzu's request
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Construction stalled on 88 islands leased for resort
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MVR 6 billion supplementary budget to parliament
Business
Subsidy overhaul in July, half a billion can be saved
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MVR 146.3 million spent on climate disasters
Business
10 projects by Indian companies exempt from tax
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Fitch maintains 'B Negative' rating for Maldives
Business
Government to discuss with Muizzu on new budget
Business
Income tax receipts exceed forecast
Business
Revenue rise by MVR 2 billion following GST hike
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Aasandha, subsidies over budget by half billion
Business
MVR 844 million loan taken for budget support
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Submarine cable project to be complete next month
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No need for debt restructuring: Ameer
Business