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During April of 2021 Speaker of Parliament Mohamed Nasheed once again expressed his desire, to President Ibrahim Mohamed Solih, towards shifting to a parliamentary system of governance in the Maldives....
4 min read
The year 2021 has been marked as a challenging year in terms of the Maldives' public finance management, considering that only MVR14.7 billion in revenue was raised in 2020 due...
4 min read
The current Minister of Youth and Sports, with a prominent focus on football, Ahmed Mahloof has been topping the charts as one of the more controversial scandals of 2021.
3 min read
A political party is an organised group of people who share similar beliefs about how the country should be run and how to solve the major issues facing the country....
3 min read
On 29 November 2021 the Maldives’ retail economy was virtually brought to a standstill. The Bank of Maldives, while doing some routine upgrades — that the company had failed to...
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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...
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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...
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The Government estimates total debt (including government guaranteed debt) to reach MVR94 billion by the of 2021, which is 122 percent of GDP. This includes MVR46.7 billion in domestic debt,...
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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...
