The report shows MVR11 billion was spent while MVR10.6 billion was earned by the state.
The package will improve the efficiency of public services and finances, says the World Bank.
The Political Parties Act mandates the issue of state funds to parties with members over 10,000 within the first three months of the year.
The finance ministry has defended the government's policy on issuing the annual Ramadan bonus for civil servants after media reports focused on the exclusion of employees...
Police officers have yet to receive January's wages after the finance ministry refused to pay higher allowances, prompting more than 200 officers to seek interest-free loans...
According to new regulations enacted by the finance ministry last week, sovereign guarantees will only be offered for loans taken with an interest rate below four...
In the face of criticism from the opposition, the finance ministry said the Maldives' first ever international sovereign bond issuance would help raise finances for infrastructure...
The finance ministry has slashed travel budgets, imposed a freeze on appointments, and ordered government offices to close by 2:30pm as it struggles to meet ambitious...
Nasheed and six senior officials of his administration have been ordered to repay government funds they had “misused,” the finance ministry has said
The ministry of finance and treasury is preparing for an administrative overhaul after President Abdulla Yameen reconstituted its functions in the aftermath of a strike by...
President Abdulla Yameen’s threats against striking civil servants has enraged human rights advocates and opposition parties, with some describing the warning as high-handed and yet another...
Hundreds of civil servants at the finance ministry are on strike over mass job cuts. The historic strike – only the second by civil servants in...
The government was scrambling to clarify its position on firing more than 70 senior staff at the finance ministry when Permanent Secretary Ismail Ali Manik, the...
The finance ministry has put a halt to spending on development projects in a bid to reign in a ballooning budget deficit. The ministry has also...
Plastic palm trees have been placed on Malé's streets and several areas at Male’s waterfront have been closed off as the government rushes to complete major...
