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Government announces major steps to reduce expenditure to overcome the financial obstructions

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Finance Ministry has announced major steps to reduce expenditure to overcome the financial obstructions faced by the Maldives.

Prevalent financial obstructions have posed major difficulties to the nation – particularly making the inflow of foreign currently difficult.

Finance Ministry, in a circular on Friday, has instructed to reduce expenditure through seven main aspects; promotions to staff, official trips, introduction of new allowances and similar aspects in this trajectory.

The Finance Ministry has banned certain expenditure without the approval of the Ministry.

With respect to staff expenditure, the Ministry has instructed against:

  • Creating new posts without approval
  • Changes to salary framework without approval
  • Introducing an allowance that is currently not in place even if the budget allows
  • Any sort of promotions without approval
  • Overtime work for purposes that are not mandatory

In addition to this, the Finance Ministry has also instructed to seek the Ministry’s approval before undertaking any official visits.

However, domestic visits in the Maldives costing MVR 35,000 can be undertaken with the approval of the finance executive. However, domestic visits costing over MVR 35,00 will require the approval of the Finance Ministry.

Similarly, operational costs of offices also require approval from the Ministry.

Other crucial steps announced the Ministry include:

  • Halt in issuance of new scholarships other than national-level scholarships
  • Halt of conducting training programs that are not necessary
  • Approval of the Ministry for renovations costing above MVR 35,000

The steps have been announced after President Dr. Mohamed Muizzu earlier remark that he has instructed the government to cut down expenditures.

Source(s): sun.mv

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Freedom of journalism must be practiced within the responsibilities

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Minister at the President’s Office for Strategic Communications Ibrahim Khaleel has underscored the importance of exercising the freedom of press within the responsibilities. He made the remarks while speaking at a programme aired on PSM News.

Commemorating the 7th anniversary of PSM News, Minister Khaleel was invited to the programme, as he played a pivotal role in founding the PSM News Channel during his tenure as the Former Managing Director of the Public Service Media (PSM). The minister worked in the field of journalism and broadcasting for several years, actively engaging in various media positions, including reading and writing news articles.

Highlighted the convenience within the field following the advancements of technology, Minister Khaleel revealed articulated his vision for PSM News to serve as the primary national channel, delivering reliable and timely news coverage across the entirety of the country. In observance of World Press Freedom Day, the minister noted the continuous expansion of press freedom over the years. On this stance, he stressed the significance of media outlets to execute obligations in disseminating news, urging the spread of credible information.

Furthermore, Minister Khaleel revealed the government’s plan to expand and promote journalism. As such, efforts are underway to provide educational opportunities and to strengthen the financial stability of media organisations.

Source(s): PsmNews

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Fourth meeting of High-Level Core Group on withdrawal of Indian troops held in Delhi

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The fourth meeting of the High-level Core Group between the Maldives and India took place in Indian capital New Delhi on Friday.

Maldivian Foreign Ministry said both sides reviewed the existing bilateral cooperation between nations during Friday’s meeting while discussions were also held on a wide range of issues of mutual interest, including development and defense cooperation.

Additionally, the Foreign Ministry said it was reiterated that the Indian government will replace military personnel at the last of the three aviation platforms by May 10th, adding both sides expressed satisfaction with the fact that all the logistical arrangements are going ahead as per schedule.

Both sides also agreed that the fifth meeting of the High-Level core Group will be held in Male’ on a mutually agreeable date in June or July.

The High-Level Core Group was formed following a meeting between Maldivian President Dr. Mohamed Muizzu and Indian Prime Minister Narendra Modi on the sidelines of COP28.

Source(s): sun.mv

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Minister of Islamic Affairs to attend the OIC Summit as the President’s Special Envoy

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The Minister of Islamic Affairs, Dr Mohamed Shaheem Ali Saeed, will attend the 15th session of the Islamic Summit of the Organisation of Islamic Cooperation (OIC), which begins tomorrow, as President Dr Mohamed Muizzu’s Special Envoy.

The Minister of Islamic Affairs is scheduled to address the 15th session of the Islamic Summit of the Organisation of Islamic Cooperation (OIC) as the President’s Special Envoy, which begins tomorrow, at Banjul, The Gambia. His address will be broadcast on television.

The Islamic Summit of the OIC, held once every three years, brings the leaders of the Islamic nations together to deliberate, take policy decisions, and provide guidance on issues pertaining to the Ummah as outlined in the OIC Charter.

The 15th Session of the Islamic Summit of the Organisation of Islamic Cooperation (OIC) will take place in Banjul, The Gambia, from May 4–5, 2024, under the theme “Enhancing Unity and Solidarity through Dialogue for Sustainable Development.”

Source(s): Presidents Office

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