A digest of news and opinion from the Maldives.
Finance Ministry has requested withdraw MVR 4.4 billion to ensure uninterrupted services of state institutions amid the economic downfall caused by COVID-19. Finance Ministry has highlighted the expenses needed to cover for the functioning of the services for overcoming the current economic and financial constraints. The ministry has presented a document noting necessary measures that […]
Cargo unloaded at Male Commercial Harbour. PHOTO/MIHAARU Official statistics show that this year’s state revenue slightly exceeded government expenditures by the end of November. According to the finance ministry, the state raked in MVR 18.2 billion as income and free aid while expenditure stood at MVR 18.01 billion. Statistics also show a surplus of MVR […]
Republic Square in the capital Male during Maldives’ 50th Independence Day celebrations — The state had illegally spent over MVR 66 million for Maldives’ 50th Independence Day celebrations, the Ministry of Home Affairs’ audit report for 2015 has revealed. According to the report that was published by Auditor General Hassan Ziyath on Sunday, the normal […]
Finance minister Ahmed Munawar speaks at parliament about State Budget 2017. PHOTO/MAJLIS Mihaaru has found out that the government had submitted only the total amount proposed for the State Budget 2018 to the parliament two weeks ago, without providing any details. According to Mihaaru’s sources, the finance ministry had submitted the total amount of the […]
During the “Habeys 3” rally held by PPM to celebrate the third anniversary of its government. PHOTO: MOHAMED SHARUHAAN/MIHAARU The Ministry of Finance on Sunday said that it had forwarded the allocated sum of money for political parties from the state’s budget to the recipient parties last week. According to the finance ministry, a total of […]
The finance ministry has been criticised for the delay in issuing political party funds. The Political Parties Act mandates the issue of state funds to parties with members over 10,000 within the first three months of the year. This year approximately MVR27 million (US$1.75 million) of state funds – 0.1 – 0.2 percent of the […]
Finance Minister Ahmed Munawar. PHOTO/MIHAARU The Elections Commission and Ministry of Finance and Treasury have come under fire over the endless delay in issuing state funds to political parties. The state budget of MVR 27 billion for this year allocates 0.1 – 0.2 percent (approximately MVR 27 million) as funds for political parties. While the […]
The ousted lawmakers (L-R): Maduvvari MP Mohamed Ameeth , Thulusdhoo MP Mohamed Waheed Ibrahim, Dhidhdhoo MP Abdul Latheef Mohamed, Machangolhi South MP Abdulla Sinan, Dhangethi MP Ilham Ahmed and Villingili MP Saud Hussain. The delay in holding by-elections for the six disputed constituencies of the parliament is caused by complications in securing funds from the […]
The People’s Majlis in capital Male The parliament has officially annulled its decision to promote and increase the salary of all its staff. It was revealed on Monday that the parliament had promoted its entire staff and hiked their salaries, only to have the decision reverted by the Ministry of Finance and Treasury just hours […]