A digest of news and opinion from the Maldives.
Development of a 50 megawatt power plant in Hulhumale by Dongfang Electric Corporation of China. On the orders of the Anti-Corruption Commission, State Electric Company (STELCO) has halted awarding the project to lay a high voltage power cable between capital Male and reclaimed suburb Hulhumale to Dongfang Electric Corporation (DEC) of China. DEC had proposed […]
Finance minister Ahmed Munawar (L) and Embassy of Netherlands’s deputy head of mission Eva Woersem sign and exchange agreement for RVO to grant USD 10.7 million for the Fuvahmulah coastal protection project. PHOTO: HUSSAIN WAHEED/MIHAARU Netherlands Enterprise Agency (RVO) has granted the southern island of Fuvahmulah received USD 10.7 million for its coastal protection project. […]
Finance minister Ahmed Munawar pictured at a meeting of the parliamentary budget review committee. PHOTO: HUSSAIN WAHEED/MIHAARU The current government does not and will not discriminate between islands in carrying out development projects, declared finance minister Ahmed Munawar late Sunday. He made the remark on a programme on state television channel TVM, stating that unlike […]
MTCC’s dredger “Maha Jarraf” reclaims land for Kulhudhuffushi Airport. Finance minister Ahmed Munawar revealed on Saturday that the government is seeking finance for the development of five airports in addition to the four airports included in the proposed state budget for next year. The State Budget 2018 submitted to the parliament allocates MVR 246 million […]
Finance minister Ahmed Munawar speaks at the parliamentary budget review committee. PHOTO: NISHAN ALI/MIHAARU The government has decided to slash the rates of food, staple foods, and electricity next year. According to the proposed State Budget 2018 submitted by the finance ministry to the parliament, the government is looking to allocate MVR 200 million as […]
PPM’s leadership pictured at the ceremony held in HDh. Kulhudhuffushi to mark PPM’s sixth anniversary. PHOTO/PRESIDENT’S OFFICE The government has allotted MVR 85 million as expenditure for the presidential elections and another MVR 24.2 million for the political parties, in the new budget proposed to the parliament on Wednesday. Proposing the budget to the parliament, […]
Aerial shot of the China-Maldives Friendship Bridge being developed between Male and Hulhule. PHOTO/ HOUSING MINISTER TWITTER The government has proposed to allocate over MVR 7 billion next year for the development of four airports, reclamation of 20 lagoons, and nine other mega projects. Airport development and lagoon reclamation were also included in this year’s […]
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 […]