State_budget_2026 - The Edition

State Budget 2026

Expense higher than budget due to atoll branch expenses: LGA

8 Oct 2026

MVR 273 million spent on housing projects so far this year

12 Sept 2026

Training expenditure rises 70 percent to MVR422 million

28 Aug 2026

Subsidies exceeded the budget allocation

2 Aug 2026

Spending on infrastructure projects increased

16 Jun 2026

MVR 160 million in profit via SOEs

30 May 2026

Budget surplus maintained despite higher spending

6 May 2026

MVR 15 million spent on housing projects

24 Apr 2026

Expense higher than budget due to atoll branch expenses: LGA

8 Oct 2026

MVR 273 million spent on housing projects so far this year

12 Sept 2026

Training expenditure rises 70 percent to MVR422 million

28 Aug 2026

Subsidies exceeded the budget allocation

2 Aug 2026

Spending on infrastructure projects increased

16 Jun 2026

MVR 160 million in profit via SOEs

30 May 2026

Budget surplus maintained despite higher spending

6 May 2026

MVR 15 million spent on housing projects

24 Apr 2026

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

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

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

Budget Review Committee

Saleem to chair Budget Committee, with Fazad as deputy

Eydhafushi MP Ahmed Saleem has been elected Chair of the Budget Committee, which will be reviewing the proposed MVR 64.2 billion State Budget for the coming year.

6 Nov 2025

Mariyath Mohamed

MP Fazad appointed as Chairperson of Budget Committee

27 Oct 2024

Parliament appoints Chair, Vice Chair to Budget Committee

6 Nov 2019

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