Finance Minister Ahmed Munawar

Record MVR 28 bn budget proposed for 2018

By Maldives Times November 15, 2017 3 min read

Finance Minister Ahmed Munawar submitted for parliamentary approval Wednesday a record MVR27.9 billion (US$1.8 billion) budget for 2018. Opposition lawmakers continued to protest with chants of “government of thieves” while Munawar presented the budget projections. “The goal of the 2018 budget is developing human resources for building the nation along with spending on infrastructure development […]

Finance minister submits US$32m supplementary budget for 2017

By Maldives Times October 24, 2017 3 min read

Finance Minister Ahmed Munawar submitted to parliament Tuesday an MVR493 million (US$31.9 million) supplementary budget to approve new spending and revenue plans for the last two months of the year. Guarded by soldiers as opposition lawmakers continued to protest in the chamber, Munawar said spending is expected to exceed projected levels in the 2017 budget and […]