A digest of news and opinion from the Maldives.
Ministry of Finance has announced that Government offices have to submit procurement transactions below MVR 5 million in accordance with the amended public accounts policies. The announcement on the Finance Ministry’s website indicates that the procurement statement has to be submitted to the gazette within five working days. It also states that the Finance Ministry […]
Faris Hadad-Zervos, the World Bank’s new Country Director for Maldives, Nepal and Sri Lanka, completed his first visit to the Maldives last week. The purpose of this visit was to experience firsthand the country’s response to the COVID-19 pandemic and recovery efforts, as well as the progress and results of the World Bank-supported projects in […]
Six years after his forced disappearance, journalist Ahmed Rilwan Abdulla has been recognized for his valuable contribution to the field of journalism by the Maldives Media Council. Rilwan, who had worked for an English news website by the name of Minivan News, was awarded posthumously for his contribution at the Journalism Award Ceremony 2019 held […]
President Ibrahim Mohamed Solih has called upon journalists to be more accountable in what they communicate and to represent the public in addressing the major issues in society. He made this appeal in a video message broadcast during the ‘Journalism Award Ceremony 2019’ hosted by the Maldives Media Council (MMC). In his message, the President […]
Government of Maldives has decided to issue income support allowance for those whose livelihoods were affected due to COVID-19, until the end of the year. President’s Office revealed that President Ibrahim Mohamed Solih has made the decision to extend the duration of issuing income support allowance until the end of December. Minister of Finance, Ibrahim […]
The latest statistics released by the Ministry of Finance reveals that, as of 26th November, the state’s revenue is at MVR 12.7 billion, while expenditure is at MVR 24 billion. The figures, which were released on Thursday, present a deficit of MVR 11.3 billion. The state revenue figure includes MVR 9.7 billion from tax revenue, […]
A report has been released by the Auditor General’s Office revealing that spending by the President’s Office in 2019 was conducted in accordance with the Public Finance Regulation. The audit report on expenditure by the President’s Office in 2019 was released by the Auditor General’s Office on Monday. The report states that the spending complied […]
Parliament of Maldives, on last Tuesday, has begun debates over the amendments put forward to the Maldives Anti-Human Trafficking Act. Jeehan Mohamed, the Parliamentary representative of Lhaviyani Atoll’s Hinnavaru constituency proposed the most notable amendment in the bill which intends to expand the legal terminology of human trafficking. The current legal definition of human trafficking […]
Parliament of Maldives has approved the budget for 2021 on last Monday. The budget of MVR 34.9 billion was passed with 68 parliamentary votes with only one member voting against the matter. Ministry of Finance originally proposed a budget of MVR 34.7 billion for the upcoming year and estimated revenue of MVR 17.8 billion including […]