Public_finance_act_ - The Edition

Public Finance Act

Finance regulations amended to procure goods without bidding

27 Feb 2025

Gov bans deals with businesses linked to senior employees

1 Apr 2024

State's expense hit MVR 32.2B, deficit at MVR 8.5B

28 Nov 2022

State's expense hit MVR 22.6 B, deficit at MVR 4.7 B

30 Aug 2022

Expenses of state increase to MVR17.8 bil, revenues sluggish

6 Jul 2022

State budget deficit rises to MVR3.6 billion so far in 2022

28 Jun 2022

Govt. expenditure hit MVR15.3 bil, deficit expands to MVR3.6 bil

15 Jun 2022

Expenditure hit MVR14.0 bil, deficit at MVR2.9 bil

2 Jun 2022

Finance regulations amended to procure goods without bidding

27 Feb 2025

Gov bans deals with businesses linked to senior employees

1 Apr 2024

State's expense hit MVR 32.2B, deficit at MVR 8.5B

28 Nov 2022

State's expense hit MVR 22.6 B, deficit at MVR 4.7 B

30 Aug 2022

Expenses of state increase to MVR17.8 bil, revenues sluggish

6 Jul 2022

State budget deficit rises to MVR3.6 billion so far in 2022

28 Jun 2022

Govt. expenditure hit MVR15.3 bil, deficit expands to MVR3.6 bil

15 Jun 2022

Expenditure hit MVR14.0 bil, deficit at MVR2.9 bil

2 Jun 2022

Finance Ministry

MVR 1.9 billion spent on transport projects

Statistics from the Ministry of Finance and Public Enterprises show that 83 percent of the allocated budget has been spent for such projects within the 2026 budget. MVR 2.3 billion was allocated for transport projects.

18 Oct 2026

Umar Shan Shafeeq

Finance Ministry buys Hulhumale' land plot for MVR 94.5mn

16 Oct 2026

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

Government Revenue

Revenue for the first two months increases by 29 percent

The state received USD 222.8 million during this period.

3 Mar 2026

Shazma Thaufeeq

State spending down 15 percent as capital expenditure falls

3 Sept 2025

Govt revenue declines by 19 percent, import duties plunge

16 Feb 2025

Aasandha and subsidy expenses decrease following measures

16 Dec 2024

Dredging fee to be charged for commercial land reclamation

27 Aug 2024

Finance Minister

Tax Commissioner Zareer appointed as Finance Minister

Hassan Zareer has been appointed as Minister of Finance and Public Enterprises today.

8 Jun 2026

Mariyath Mohamed

World Bank to extend MVR154 mil to Maldives

4 Jun 2022

MVR 3.2 billion in foreign aid: Finance Minister

1 Oct 2019

Anti Corruption Commission

No policy for complaints filed for defamation: Shamil

Shamil said the previous anti-corruption law had included a provision for dealing with such complaints, but the current law did not.

12 Oct 2026

Malika Shahid

Case of former MPL CEO Junaid sent for prosecution

20 Sept 2026

ACC endorses bill allowing seizure of proceeds of crime

26 Aug 2026

No records of money received by sports associations: ACC

19 Aug 2026

ACC, STELCO sign to strengthen anti-corruption efforts

3 Aug 2026

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