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A digest of news and opinion from the Maldives.

State revenue

State Revenue at MVR 446.1m in Three Weeks

State Revenue at MVR 446.1m in Three Weeks

1 min read

The stated earned MVR 446.1 million in the first three weeks since the beginning of this year, according to statistics published by the Ministry of Finance. While the revenue stands at MVR 446.1 million, the expenditure stood at MVR 644 million by January 21st. It was also detailed that 73 per cent of the state […]

State Revenue at MVR 12.7 Billion; Expenditure Nearly Double!

State Revenue at MVR 12.7 Billion; Expenditure Nearly Double!

1 min read

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, […]