Search Results for: two million

Airport’s 2014 refurbishment was 25 percent complete prior to GMR’s termination: Auditor General’s Special Audit

According to an independent engineering report, as of October 31 2012 GMR Male International Airport (GMIAL) had completed 25 percent of the refurbishments and upgrades to Ibrahim Nasir International Airport (INIA) planned for the end of 2014, and had been invoiced by its contractor for US$69 million.

Fictitious labour demand fuelling “systematic” migrant abuse in Maldives

Registered companies across the Maldives are freely abusing visa regulations by wildly exaggerating or even fabricating construction or business projects to traffic foreign workers into the country, an immigration source has alleged this week.

MP Riyaz Rasheed withdraws amendments to keep tourism bed tax in place past 2013

The DQP MP withdrew a government-sponsored amendment proposed to the Tourism Act to keep a US$8 bed tax in place beyond 2013 citing lack of support from parties in the ruling coalition.

NGO urges government to address “inadequate” child protection measures

Local NGO Advocating the Rights of Children told Minivan News today that provisions in the the Convention on the Rights of the Child (CRC) and its Optional Protocols had not been fully adopted by the state into domestic legislation

Government suspends new development projects due to budget constraints

The government has decided to delay implementation of new development projects financed out of the state budget due to shortfalls in revenue, Finance Minister Abdulla Jihad confirmed to Minivan News today.

Finance Minister confident MPs will back wider revenue measures

Finance Minister Abdulla Jihad has expressed confidence that MPs will approve a raft of measures to raise state revenue, even after they narrowly rejected government proposals to increase an airport service charge yesterday (April 16).

Hiking airport service charge to US$30 narrowly rejected at parliament

Hiking the departure tax on international passengers was among a raft of revenue raising measures proposed by the Finance Ministry with the 2013 budget.

“Vast majority” of PPM members will remain loyal to former President Gayoom: MP Nihan

MP Ahmed Nihan has claimed that should either Umar Naseer or MP Ilham Ahmed leave the PPM, most members would still remain loyal due to their support for former President Gayoom and the principles under which he founded the government-aligned party.