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A digest of news and opinion from the Maldives.

SEZ

Parliament budget committee meeting of last year

In 2018: what will be the new tax?

4 min read

The original Dhivehi article was published on Avas.mv website on 18th October 2017. The following is a loose translation: With every year’s budget, new items are also declared. Specifically as income returns. It has become a recent norm to see a new tax introduced every year. Question is, as a new source of generating income, […]

Hefty loans from everywhere: All payable?

Hefty loans from everywhere: All payable?

3 min read

The original Dhivehi article was published on Avas.mv website on 11th October 2017. The following is a loose translation: In contrast to neighbouring countries, Maldives economy is small. The income generating resources are also less. The entire economy is dependent on tourism. Therefore, in order to broaden the economy, the government started several initiatives. Likewise, […]

ihavan-f-05

iHavan: A mirage projected to Maldivian northerners?

3 min read

The original Dhivehi article was published on Vfp.mv website on 5th October 2017. The following is a loose translation: The master plan for iHavan, the long-awaited development plans for Ihavandhippolhu atoll in the north of Maldives would have been completed by last July as per government and actual works will be underway, however, July, August, […]

Ahmed Munawwar - Finance minister

Maldives budgetary income proposals, an illusion

4 min read

The original Dhivehi article was published on Mihaaru.com website on 2nd October 2017. The following is a loose translation: In the past 2 years, when the national budget was proposed to the People’s Majlis (Maldives Parliament), billions of Rufiyaa was stated as projected income from Special Economic Zone (SEZ) and from other activities. However, those […]