Expenditure

Food insecurity

3 min read
The month of Ramadan is a time of intense spiritual devotion in Islamic cultures, and doubles as a catalyst for societal connection for Muslim communities all over the world. It...

Public Sector Investment Program 2022

5 min read
The Public Sector Investment Program (PSIP) is the main tool through which the government sets out to achieve economic development objectives and deliver on the pledges it has made to...

The unsustainable wage bill

2 min read
The government, in its proposed budget for 2022, estimated expenditure on wages, salaries and other allowances for state employees at MVR9.7 billion, a 13 percent increase over the MVR8.2 billion...

Increasing government expenditure

4 min read
The Government Budget includes details of expenditures to be incurred during the year on public goods, infrastructure projects, social protection services, and other spending on economic development projects. The annual...

The Ameer Doctrine: Licensed to print

3 min read
On 17 November, the public finance committee of the Maldivian Parliament passed a resolution extending the open credit line to the government from the Maldives Monetary Authority (MMA). Although the...

The unsustainable food subsidy

2 min read
The Maldivian government spent MVR339.2 million in 2015, and MVR291.9 million in 2016 on subsidies for rice, flour and sugar. The government controls prices at MVR5.50 per kilogram for rice...

Ameer on Budget 2022

8 min read
With the new budget announced earlier this week, MFR welcomed the opportunity to sit down the with the chief architect of the new, ambitious budget plan, Minister of Finance, Ibrahim...