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A digest of news and opinion from the Maldives.

Governance

Nasheed’s Attempt to Good Governance

Nasheed’s Attempt to Good Governance

7 min read

Former President Mohamed Nasheed and the Current President of Parliament has initiated a good governance concept. The initiative summoned cabinet ministers and various other government officials to the Parliament to examine the level of accountability – a positive attempt by the ruling party to hold senior government officials accountable for their actions. The result? The […]

Maldives Police Service Launches Project Guardian to End Violence Against Children, Women and Families

Maldives Police Service Launches Project Guardian to End Violence Against Children, Women and Families

2 min read

On 1st September, “Project Guardian” was launched by the Maldives Police Service, a project relevant to the police’s responsibility in ending all forms of violence against women and children. It was inaugurated by First Lady Fazna Ahmed, along with another initiative by Maldives Police, “Maldives Women in Policing”, regarding enhancing the role of women in […]

Government Revenue Reaches MVR 8.2 Billion

Government Revenue Reaches MVR 8.2 Billion

2 min read

Government revenue has reached MVR 8.2 billion as per the weekly statistics released by the Ministry of Finance. The revenue of MVR 8.2 billion is a major decline compared to MVR 15 billion received during the same period last year. One of the major sources of revenue is tax collections where MVR 6.7 billion was […]

Finance Ministry to reinstate Full Wages to Employees

Finance Ministry to reinstate Full Wages to Employees

2 min read

The Finance Ministry has announced that they will be terminating some of the steps taken previously, to reduce the financial expenses of government offices, to re-provide full wages to its employees. According to an announcement by the Finance Ministry, changes will be bought to the circulars published by the ministry on 18th March and 16th […]

Why Did Finance Ministry Decide to Publish Bid Evaluation For The First Time?

Why Did Finance Ministry Decide to Publish Bid Evaluation For The First Time?

2 min read

On 20th August, Minister of Youth, Sports & Community Empowerment Ahmed Mahloof announced that the bid evaluations of Youth Ministry will be publicized starting this month. “This is crucial information for bidders,” he stated. However, this is the first time the Ministry of Finance will be publishing bid information like this. Why was this not […]

Is MMA Doing Anything about the Rising Dollar Exchange Rate?

Is MMA Doing Anything about the Rising Dollar Exchange Rate?

2 min read

During the 29th Sitting of the parliament on 19th August, Abdullah Jabir, the parliamentary representative for Kaafu Atoll’s Kaashidhoo constituency, had called out to remove the Maldives Monetary Authority (MMA) Governor from his position. “People are trading dollars for MVR19. MMA Governor hasn’t done anything about it.” Is this ignorance or incapability? The alarming rise […]

Maldives Holds USD 702 Million in Total Reserve: MMA

Maldives Holds USD 702 Million in Total Reserve: MMA

2 min read

Maldives Monetary Authority (MMA) reveals on its report, that the total reserve of Maldives holds USD 702 million, while its usable reserve is at USD 152 million. According to the statistics published by MMA, the usable reserve of Maldives now holds USD 152.6 million. This amount was at USD 200 million during the month of […]

Vice President holds Virtual Meeting with Social Ethics Committee

Vice President holds Virtual Meeting with Social Ethics Committee

1 min read

Vice President Faisal Naseem has held a virtual meeting with the members of the Social Ethics Committee to discuss social challenges faced by Maldivian society and plans to strengthen societal welfare and wellness. Speaking at the meeting, Vice President Faisal Naseem stressed the importance of early childhood education to nurture healthy societal change. He further […]

Government Revenue Decreases by 43%

Government Revenue Decreases by 43%

2 min read

In the first 6 months of 2020, government revenue has shown a significant decrease of 43%, limiting its expenditures. According to the monthly fiscal development report by the Finance Ministry, MVR 6.5 billion has been issued to the government as income and as donations till the end of June 2020. This amount has been at […]