State Budget - Latest Stories

"Hard to allot funds from development budget"

It will be extremely difficult to facilitate the request made by the government to allocate MVR650 million for recurrent expenses out of the budget set aside for infrastructural development, Progressive Party of Maldives (PPM) presidential candidate Abdulla Yamin said Monday.

April 30, 2013
Thoughts on the upcoming supplementary budget

by Ibrahim Athif ShakoorBackgroundThe National Budget is the strategy through which governments balance the expectations of the population and the realities of the economy, when stated in numerical numbers. The hopes and expectations of the people an

April 21, 2013 4 comments
State arrears could lead to debt distress: WB

If the State's arrears come to the fore it could lead to extremely high risk of debt distress in the Maldives, World Bank warned on Tuesday.

February 27, 2013 2 comments
Hope limited budget won't affect development

President Dr Mohamed Waheed Hassan Manik Wednesday said he was hopeful that developmental work for the islands would continue in spite of the budgetary difficulties the country was facing.

February 21, 2013 2 comments
31,000 new voters for this year's election

Elections Commission President Fuad Thaufeeg on Sunday revealed that 31,000 new voters would be eligible to vote during this year's presidential election.

February 10, 2013
"Financial constraints won't affect election"

Financial constraints will not impede the holding of the presidential election, Finance Minister Abdulla Jihad assured on Monday.

February 04, 2013
Maldives presidential election on September 7

Elections Commission stated on Sunday that the first round of the Presidential Elections would be held on September 7.

February 03, 2013
Cabinet decides to take austerity measures

The cabinet has decided to take austerity measures to manage the budget that was passed by the Parliament for this year.

January 30, 2013
Govt to submit supplementary budget

President Dr Mohamed Waheed Hassan Manik announced that a supplementary budget would be presented to the Parliament in the middle of this year.

January 25, 2013
MVR100 million sought for tourism promotion

Tourism authorities are engaged in efforts to secure a supplementary budget of MVR100 million for tourism promotion, according to Tourism Minister Ahmed Adeeb.

January 15, 2013 1 comment