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

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

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

Muizzu forms 8-member budget committee; Saeed appointed chair

The committee began its work last week.

15 October 2023

Central bank governor says debt restructuring needed

One of the biggest concerns expressed by the MMA at the committee meeting was the lack of spending in line with the annual budget.

20 November 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

Maldives expects MVR 176m Indian grant aid in 2024

The proposed budget estimates a total of MVR 223 million in free aid from friendly countries.

1 November 2023