Opposition Deputy Leader MP Ahmed Shiyam ha stated that the Government was printing more money by holding the public at “gunpoint”. The opposition PPM Vice-President Ahmed...
Finance Minister Ibrahim Ameer has stated that the economy of the country will increase by 12 percent in the coming year. Speaking in the Parliament session...
Finance Ministry has presented a budget of MVR 36.9 billion (US$ 2.39 billion) for 2022. Recurrent expenses accounts for MVR 24.8 billion (US$ 1.61 billion) of...
The Maldives Islamic Bank (MIB) Managing Director and CEO Abul Ehtesham Abdul Muhaimen has been suspended by the Board of Directors. According to a statement by...
International credit rating agency Moody’s has lowered the credit rating of Maldives from B-3 to Caa-1 due to the huge amount of debt in the country....
President Ibrahim Mohamed Solih’s administration is set to mortgage 10 school buildings in a bid to secure finance to cover government expenditure costs. According to the...
President Ibrahim Mohamed Solih has today appointed Anas Abdul Sattar as the Minister of State for Finance. At the special ceremony held today afternoon at the...
Reports from the Finance Ministry show that by July of 2021, the state has earned MVR128.1 rufiyaa through fines. According to the data made public by...
A delegation from the Finance Ministry is reportedly heading to Dubai to issue Sukuk bonds from mortgaging state owned properties in the Maldives. According to “Dhiyares...
Bank of Maldives has come under criticism after it revealed that it had made MVR 298 million as profit during the second quarter of this year....