Ministry of Finance

48 articles

STELCO building.

STELCO records MVR 239 million in net profit for the past year: Audit Report

STELCO building.

State institutions owe STELCO over MVR 948 million in outstanding payments

Several resorts are currently under development on reclaimed land within a lagoon.

Regulations for SOEs to develop resorts, gazetted

President Muizzu has appointed Hassan Zareer, who previously served as the Commissioner General of Taxation, as the new Minister of Finance.

Commissioner General of Taxation, Zareer appointed as Minister of Finance

Former President of the Maldives Broadcasting Commission (BroadCom), Safa Shafeeq, at a meeting of the People’s Majlis.

Audit Report: No record of Broadcasting Commission receiving any portion of the MVR 30 million owed in 2024

Expenditure on subsidies has reached MVR 2.2 billion so far this year, marking a 77 percent increase compared to the MVR 1.2 billion spent during the same period last year.

Spending on subsidies increases by 77 percent

President Dr. Mohamed Muizzu (R) and Finance Minister Moosa Zameer (L) attend the government ceremony held to award various projects. | President's Office

Official reserves are sufficient to navigate economic shocks and facilitate essential imports: Ministry

Members of the F. Nilandhoo Island Council. | Nilandhoo Council.

MVR 1.7 million of F. Nilandhoo Council's revenue remains unrecorded

The members and staff of the Faafu Atoll Council. | F. Atoll Council

Audit: Faafu Atoll Council’s visit to Sri Lanka to study tea production and procure goods for the atoll shop was a wasteful expenditure

Maldivian currency notes and coins

Gov’t to raise MVR 2.26bn through treasury bill sales

Police obstruct MDP members from entering the finance ministry. 08.09.2025.

MDP lawmakers enter Finance Ministry after Zameer fails to appear before Majlis

Minister of Finance and Planning Moosa Zameer at parliament.

Subsidy budget fully exhausted; Aasandha funds rapidly depleting amid lack of reforms

Maldivian currency notes and coins

Ministry launches Treasury Bill sale to raise MVR 1.8bn for budget support

A sitting of the People's Majlis

Majlis greenlights bill stripping councils of powers

A sitting of the People's Majlis

Bill to undermine councils’ power submitted to Majlis

Chief Spokesperson at the President’s Office, Heena Waleed (L) and President Dr. Mohamed Muizzu (R)

Gov’t silent on allegations of state reserve use for Ras Malé project!

President Dr. Mohamed Muizzu at a Cabinet meeting

Muizzu fails to address dollar payment promise to fishermen

Minister of Economic Development and Trade Mohamed Saeed at a press conference

Saeed’s misleading claims on economic progress spark controversy

Minister of Economic Development and Trade Mohamed Saeed speaking to press

Economic minister unsure of why state revenue declined

Some preparations for the Ministry of Finance staff night event

At a time revenue has dropped by 19 percent, ministry holds staff night with grand Indian-themed celebration

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