MVR 400m budgeted for 2024 for Fushidhiggaru lagoon housing

MVR 1.4 billion will be spent in the next three years for development K. Fushidhiggaru lagoon for housing.

31 October 2023

Govt cuts spending, saves MVR 585 million

In addition, MVR 87 million has been deposited in the Sovereign Development Fund (SDF).

11 February 2024

Maldives seeks carbon credits sale to raise over MVR 800m

Discussions have been initiated with two international agencies to carry out this work; the work will be completed next year

24 October 2023

MVR 187m proposed as 2024 budget for parliament secretariat

The additional funds are to cover the expenses of more elected members in the 20th parliament starting next year.

16 October 2023

MVR 6b supplementary budget adds to Maldives' economic woes

The government will have to plan ways to raise funds to cover the MVR 6 billion.

22 October 2023

Govt mulls projects delay over limited fiscal space

He said a review of the public sector investments projects scheduled for next year is underway

20 November 2023

Budget presentation delayed as Ameer abstains over 'illness'

According to law, the finance minister must submit the estimated budget for next year to Parliament before 1 November each year.

13 November 2023

Nasheed asks budget presentation for next parliament sitting

Finance minister Ameer boycotted the parliament sitting on October 31 which was set to be held to present the state budget for 2024.

12 November 2023