2025 budget first to align with IMF guidelines, ministry says

Saaid emphasised the need to better target assistance to those in need.

5 November 2024

Maldives begins talks to refinance over $1 billion in debt

Zameer also confirmed that final steps are underway for securing $100 million in budgetary support from a partner.

15 November 2024

2025 budget plans for cancer, mental health hospitals

Plans in the budget include initiatives to develop health infrastructure and train Maldivian health professionals.

31 October 2024

Maldives proposes MVR 56.6 billion budget for 2025

It includes a deficit of MVR 9.4 billion, marking the lowest budget deficit in recent years

31 October 2024

2025 budget projects lowest deficit since 2019, minister says

Zameer noted that the current 2024 budget relied on reform measures that remain unimplemented, without sufficient deficit reduction initiatives.

31 October 2024

MDP questions delay in 2025 budget book

Fazad responded by assuring the committee that he had clarified the issue and that the book might arrive as early as Monday or Tuesday.

4 November 2024

Govt projects MVR 500 million savings from Aasandha reform

The 2025 budget includes a proposal to introduce a health contribution for Aasandha from high-income earners or those subject to income tax.

18 November 2024

Committee passes 2025 budget; requires projects submission

The approved budget, with these added conditions, will now move forward for debate and ratification by parliament.

20 November 2024