Maldives debt reaches MVR 118.9 billion!

2 min read
As a new administration has been elected in the Maldives, one of the biggest tasks that the newly elected president Mohamed Muizz and his team would have to take on...

World Bank Provides US$67.8 million financing

2 min read
The Government of Maldives and the World Bank on 18 June 2023 have signed two agreements totalling USD67.8 million (approximately MVR1 billion) to support critical reforms to state-owned enterprises (SOEs),...

MFR Explores: How Solih Spends

3 min read
Keeping expenditure in check, and long-term oriented fiscal reforms have never been on the agenda of the Solih administration, as evidenced from the most recent 2023 fiscal numbers. With increased...