The Abu Dhabi Fund for Development has pledged a US$40million loan to develop the Maldives' main airport, the finance ministry has said. The government is also...
Some MVR3million (US$194,550) is required to help more than 300 households in southern Addu City recover from flood damage, but only MVR200,00 (US$12,970) has been raised...
As the dispersion of the Maldivian people in 188 islands is an obstacle to economic development, Jihad said the government's population consolidation policy is to settle...
MPs on the parliament's budget review committee questioned ministers today about targets in the 2016 budget after revenue this year fell far short of forecasts.
While MVR21.5 billion was expected in revenue this year, Finance Minister Abdullla Jihad said the government will only have earned MVR17.7 billion by the end of...
Following delays in submitting the 2016 budget to the People’s Majlis, a parliamentary committee has changed the rules of procedure to expedite the process of approving...
Commercial banks in the Maldives have agreed to lower interest rates on loans after the central bank slashed interest rates for the sale of treasury bills...
The Malé-Hulhumalé bridge will cost an estimated US$300 million, finance minister Abdulla Jihad revealed today. In addition to US$100 million in grant aid, the Chinese government...
