Maldives Allocates MVR 3 Billion for Housing in 2027 Budget, Including MVR 750 Million for Homebuyers
The 2027 budget proposes MVR 3 billion for housing, including MVR 750 million to assist homebuyers and builders with equity contributions.
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Maldives Proposes MVR 59.7 Billion Budget for 2027, Down MVR 4.5 Billion from 2026
The Maldives has proposed a MVR 59.7 billion budget for 2027, with MVR 52.6 billion in projected expenditure and healthcare receiving MVR 10.6 billion.
Road Accidents Fall After Police Launch Reckless Driving Operation
Road accidents in Hulhumalé fell by 36.8% following the launch of a police operation targeting reckless driving, while accidents in Malé declined by 17.2% after traffic enforcement measures were intensified, according to figures released by the Maldives Police Service.
MTCC Signs Agreements for Road Development in 11 Islands
The Ministry of Infrastructure, Housing and Urban Development has signed agreements with Maldives Transport and Contracting Company (MTCC) to carry out infrastructure development projects across 11 islands.
President Muizzu Says Full Eagle Hills Agreement Will Go to Parliamentary Committee
President Mohamed Muizzu says the full Eagle Hills agreement for Rasmale’ will be submitted to a parliamentary committee, alongside proposed legislation open for public feedback.
MSPA Film Festival 2026 Tickets Go On Sale 1 November, With MVR 350 Season Pass for All Films
Tickets for the MSPA Film Festival & Awards 2026 go on sale on 1 November, priced at MVR 60 per film, with a MVR 350 season ticket covering all seven screenings at Olympus.
Italy Bestows Highest Valour Award and Opens Relief Fund for Fallen Maldivian Rescue Diver
Italy is posthumously awarding its highest award for bravery, the Gold Medal for Civil Valour, to MNDF Sergeant First Class Mohamed Mahudhy, who died while searching for missing tourists in an underwater cave. A relief fund has also been opened to support his family.
President Muizzu Urges Chinese Businesses to Back Maldives’ Vision 2040
Speaking at the China-Maldives Investment Cooperation Forum, President Dr. Mohamed Muizzu called on Chinese investors to back the nation’s Vision 2040 by expanding partnerships in renewable energy, digital technology, trade, and fisheries.
