Cumulative total of tax revenues as of 07 November 2019 has hit MVR16,506.5 million.The latest in Weekly Fiscal Development from Ministry of Finance confirms the...
Category: Economy
CSC aims to prevent the participation of civil servants in political activities
The Civil Service Commission (CSC) has requested changes to the Civil Service Act to prevent civil servants from participating in political activities or joining political...
State expenditure over MVR21b, revenues and grant at MVR20b
The cumulative total of state revenues and grants as of 07 November 2019 was observed at MVR20.2 billion.The Weekly Fiscal Development published every week by...
MTCC mobilizes gear for Fehendhoo harbor project
Maldives Transport and Contracting Company (MTCC) mobilizes their gear and equipment for Baa atoll Fehendhoo harbor devleopment.The contractor had mobilized the units on 10 November,...
Fulhadhoo harbour venture mobilised
The construction of a harbour in Baa Fulhadhoo has been mobilised.In July this year, the Ministry of Planning granted MVR 48 million to the Maldives...
Fulhadhoo harbor development work mobilizes
Maldives Transport and Contracting Company (MTCC) commences work on developing harbor at Baa atoll Fulhadhoo.The project was contracted to MTCC by Maldives Ministry of National...
Tax revenues hit over MVR14b in annual terms
The tax revenue collection to Maldives state as of 30 October 2019 has reached to MVR14,033.2 million (MVR14.0 billion).The recent statistics from Maldives Ministry of...
MVR 411 million designated for the Malé-Thilafushi Bridge
MVR 411 million has been designated for the construction of a bridge connecting Malé and Thilafushi’s industrial island in the proposed 2020 budget.MVR 7.9 billion...
BML Islamic to authorise personal financing within a single day
Bank of Maldives announced on Monday a major change to the BML Islamic product approval process for the bank, with all requests for approval of...
Maldives govt. proposes over MVR10b on PSIP
Maldives government has forwarded their proposed state budget for the upcoming year of 2020 for the parliament for deliberation and evaluation.As reflected from the proposed...
MVR600 million for the building of 20,000 residential units
In the proposed national budget for 2020, MVR 600 million has been allocated for the construction of 20,000 housing units under the Strategic Action Plan...
State revenue and grants hit MVR1.7b in Sept 2019
The state revenue and grants increased by 10.8% in September 2019 according to the Monthly Fiscal Development statistics by Ministry of Finance.The most recently published...