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President Solih: Will propose a surplus budget for 2029, with an economy valued at MVR 170B

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Predicting state revenue will rise to MVR 50 billion by the end of next term, President Ibrahim Mohamed Solih has stated the state budgets submitted for parliamentary approval after that will be surplus.

Speaking at a campaign event in Th. Gaadhiffushi – the president said that pledges made for the next term are based on those statistics.

He stressed that multiple efforts were underway to secure the money that will fund efforts to fulfill these pledges.

“Our pledges are based on those [statistics]. We are very clearly witnessing the economy becoming doubled,” he said.

President Solih said Maldives’ economy, at the full completion of these projects in 2028, will rise up to MVR 170 billion.

He also added that the state revenue will be increased to MVR 50 billion by the end of 2028, following which the next state budget submitted will be a surplus budget.

“Starting from 2018 till 2028, we will, by the will of God, raise the Maldivian economy to over MVR 170 billion. Funds entering the state, which is required to raise the economy to this level, is increasing year by year as well,” he said.

“In this regard, will aim for MVR 50 billion [state revenue] in 2028, surpassing MVR 45 billion. The result will be the government having enough funds to implement the plans we have proposed. Hopefully, the budget we submit for parliament’s approval in 2028 will be balanced, or surplus,” he said.

President Solih stressed that this target can only be reached if a second term is secured. He added that an additional ‘two to three’ years were required, in this trajectory.

Speaking further, President Solih described Gaadhifusshi as an island that has been neglected by previous administrations due to its low population.

On the contrary, the president said his administration commenced the current term with an aim to develop such islands.

“As I believe, Maldives can only be developed by ensuring all basic services in all islands,” he added.

The president promised to undertake all efforts necessary for the development of such islands in the future as well.

Source(s): sun.mv

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Hamas plans to suspend Gaza ceasefire negotiations if Israel attacks Rafah

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Hamas said on Wednesday that ceasefire negotiations with Israel would be suspended if Israel attacks the city of Rafah in the southern Gaza Strip.

Osama Hamdan, a senior Hamas official, said in an interview with Lebanon-based al-Manar TV that Hamas would halt all indirect negotiations with Israel if it launches military operations against Rafah.

Accusing Israel of seeking “to blackmail all the parties by its threats of attacking Rafah,” the official said “the resistance is still having its power to defend our people.”

On Monday, a Hamas delegation left Cairo and said they would return with a written response to the latest truce proposal.

U.S. Secretary of State Antony Blinken, who is on his seventh visit to the Middle East, on Wednesday urged Hamas to accept the truce deal which would see 33 hostages released in exchange for a larger number of Palestinian prisoners and a halt to the fighting, with the possibility of further steps towards a comprehensive deal later.

“Israel has made very important compromises,” he said. “There’s no time for further haggling. The deal is there. They (Hamas) should take it.”

A senior Hamas official said on Wednesday that Hamas was still studying the proposed deal but said Israel was the real obstacle.

Israel is holding off sending a delegation to Cairo for follow-up truce talks, pending a response from Hamas’ leader in Gaza, Yahya Sinwar, an Israeli official told Reuters.

Israel’s military chief of staff Herzi Halevi on Wednesday said that the country’s offensive operation in Gaza “will continue with strength” and that Israel was “preparing for an offensive in the north.”

Israeli Prime Minister Benjamin Netanyahu has previously said that Israel will enter Rafah and eliminate the Hamas battalions there “with or without” a deal with Hamas.

With an Israeli ground operation in Rafah on the horizon, United Nations (UN) aid chief Martin Griffiths said on Tuesday that Israeli improvements to aid access in Gaza “cannot be used to prepare for or justify a full-blown military assault on Rafah.”

More than one million people face famine after six months of the conflict, the UN has said.

As night fell on Wednesday, Israeli planes and tanks pounded several areas across Gaza, residents and Hamas-linked media said.

Medics in Gaza said at least 27 Palestinians were killed in strikes on Wednesday, with others likely hurt or killed in areas they were unable to reach.

To speed the flow of humanitarian aid into the besieged enclave, the U.S. military has so far constructed over 50 percent of a maritime pier that will be placed off the coast of Gaza, according to the Pentagon.

However, U.S. lawmakers have questioned whether the pier is a worthwhile endeavor. On the one hand, it will cost the American taxpayers at least $320 million to operate the pier for only 90 days; on the other hand, the U.S. military personnel could become targets of Hamas militants, Republican Senator Roger Wicker told Reuters.

Source(s): CGTN

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Solih reassures MDP dedication to protecting workers’ rights

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Former President and Advisor of the Maldivian Democratic Party (MDP) Ibrahim Mohamed Solih has reaffirmed the party’s commitment to safeguarding workers’ rights.

In a post on social media, Solih extended his congratulations to all Maldivian workers on International Labour Day, highlighting the advocacy of MDP for crucial policies like safeguarding workers’ rights and implementing a minimum wage. He also assured that the party remains dedicated to upholding the rights of workers

The world celebrates International Labour Day annually on May 1.

Source(s): PsmNews

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Efforts underway to limit Hajj pilgrimage rates

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Maldives Hajj Corporation (MHC) has initiated significant steps to substantially lower the prices of Hajj pilgrimage trips, aligning with President Dr. Mohamed Muizzu’s presidential pledge to reduce costs for travellers from Maldives.

In a post shared on social media, Managing Director Mohamed Shakeel announced the establishment of the “Hajj Fund,” aimed at reducing pilgrim expenses while creating income-generating opportunities for the corporation, thus strengthening its financial stability. He underscored that efforts are currently underway to minimise Hajj trip costs, with an increase in real estate investments.

Minister of Islamic Affairs Dr. Mohamed Shaheem Ali Saeed affirmed that restructuring the Hajj Corporation would substantially decrease Hajj pilgrimage rates. He further emphasised the Ministry’s proactive measures under the new administration to address this issue. This year, the Hajj Corporation has disbursed USD 4,537 with over 7,000 individuals on the waiting list. The government has officially allocated 100 quotas to the Maldives to mitigate the waiting list and alleviate high pilgrimage costs incurred.

Minister Shaheem stated that if additional quotas are to be granted, private entities will be engaged in organising pilgrimage trips, adhering to the list compiled by the Hajj Corporation.

Source(s): PsmNews

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