Government revenue reached MVR 22.4 billion during the first half of 2026, with tax collections increasing by MVR 2 billion, although the state budget still recorded an overall deficit of MVR 975.9 million.
Finance Minister Moosa Zameer has resigned from his post, according to information emerging on Monday. The reasons for the resignation have not yet been officially disclosed. Authorities are expected to provide further details regarding the transition and any successor in the coming hours. This is a developing story and will be updated as more information…
