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Reserve money drops to 2%, broad money bumps to 6% in December 2022
Reserve money growth decelerated to 2% while broad money growth rose to 6% in December 2022
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Annual growth rate of credit accelerates to 5% in December 2022
The annual growth rate of credit lent by commercial banks accelerated to 5% in December 2022
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State expenditure crosses MVR1.3bn; revenues significantly lagging
State expenditure exceed MVR1.3 billion, revenues sluggish at MVR736.8 million
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State revenues increase by 25.1% in Q4-2022
State revenues increase by 25.1%; collects MVR5.36 billion in Q4-2022
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Addu waste-to-energy plant almost complete
The Ministry of Environment claims Addu City waste-to-energy facility reach 95% completion
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Govt initiates Hanimaadhoo International Airport expansion project
The Maldives government launches a massive expansion project in Hanimaadhoo International Airport
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Government seeks contractors for Thulusdhoo shore protection project
The Maldives government seeks interested contractors for K. Thulusdhoo shore protection project
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State changes project policies for S. Hithadhoo Islamic center development project
Ministry of Finance makes changes to the policies for the S. Hithadhoo Islamic center development project
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Revenues at just MVR61.9 mn, deficit at MVR324.3 mn
State expenditure reach MVR386.1 million, deficit at MVR324.3 million