Psip - The Edition

PSIP

MVR 447 million spent on PSIP projects

13 Mar 2026

MVR 608 million spent on environmental projects

16 Dec 2025

MVR 325 million spent on PSIP projects

25 Feb 2025

Projects halted due to insufficient budget allocations: Min

13 Aug 2024

President-Elect's Office Disapproves PSIP Project Extension

9 Nov 2023

PSIP projects to be granted six month extension

8 Nov 2023

Govt spends MVR 1.1 billion on PSIP this year so far

3 Mar 2023

Director of Asseyri Prison suspended over alleged corruption

12 Sept 2020

MVR 447 million spent on PSIP projects

13 Mar 2026

MVR 608 million spent on environmental projects

16 Dec 2025

MVR 325 million spent on PSIP projects

25 Feb 2025

Projects halted due to insufficient budget allocations: Min

13 Aug 2024

President-Elect's Office Disapproves PSIP Project Extension

9 Nov 2023

PSIP projects to be granted six month extension

8 Nov 2023

Govt spends MVR 1.1 billion on PSIP this year so far

3 Mar 2023

Director of Asseyri Prison suspended over alleged corruption

12 Sept 2020

Finance Ministry

Finance Ministry buys Hulhumale' land plot for MVR 94.5mn

The ministry has purchased a 25,011 sqft plot of land in Hulhumale' Phase 1.

16 Oct 2026

Mariyath Mohamed

Finance Ministry seeks developer for mental health hospital

23 Sept 2026

USD150 mn loan taken by previous gvt through SBI paid off

17 Sept 2026

Finance Ministry seeks to hire Chief SOE Strategist

5 Aug 2026

State receives MVR 439 million as free aid

24 Jul 2026

Development Projects

Eagle Hills in Rasmale’: What may be in store for Maldives?

To get a better understanding of what Eagle Hills is truly offering through this project, The Edition visited a similar, albeit much larger, property operated by Emaar in Egypt, Marassi.

13 Oct 2026

Mariyath Mohamed

Supreme Court rejects case seeking to void Eagle Hills deal

13 Oct 2026

"Marassi built with love, Rasmale' project will be better"

11 Oct 2026

Abdul Raheem to Yameen: Rasmale' project will start soon

11 Oct 2026

Everything will be conducted transparently: Alabbar

8 Oct 2026

Government Expenditure

State expenditure increases to MVR 1.3 billion

Expenditure rose so significantly due to higher administrative costs of the state and an increase in recurrent expenditure.

6 Aug 2026

Shazma Thaufeeq

Spending on infrastructure projects increased

16 Jun 2026

Spending on subsidies decrease, but Aasandha costs rise

16 Apr 2025

Aasandha expenses not reduced by new year

23 Feb 2025

15 state agencies exceeded their allocated budgets in 2024

22 Jan 2025

State Budget

86 percent of budget spending is allocated to salaries

Parliament approved MVR 64 billion for this year's budget.

3 Sept 2026

Shazma Thaufeeq

MVR 12 bn to 4 agencies via priority basis for those in need

14 Jul 2026

Aasandha, subsidy spending MVR 2.3 billion over budget

22 Jan 2026

Parliament concludes first stage of debate for 2026 budget

18 Nov 2025

MVR 1 bn in revenue held up due to court process: Zareer

15 Nov 2025

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