“Western governments and international institutions not only keep on issuing public statements and reports on the Maldives, they would go whatever length it takes to portray the Maldives as not-so-sunny side of life to the potential investors,” Adam claimed in a speech delivered at the Berlin Economic Forum on November 9.
A Flyme aircraft has made an emergency landing at Ibrahim Nasir International Airport at 11:49pm on Saturday after the pilot received a bomb threat, the MNDF has confirmed. All 11 passengers and three crew members are safe.
“If policies are changed the budget deficit would increase and become difficult to finance,” the central bank cautioned in its professional opinion on the 2015 budget.
Minority Leader Ibrahim Mohamed Solih contended that the current administration has incurred a debt of MVR7 billion in 2014 and spent millions in excess of the budget approved by parliament.
The government has submitted legislation to raise import duties from the current zero rate to 10 percent for rice, sugar, and flour as well as oil or petroleum products.
The government has submitted two bills to parliament to introduce a green tax and revise import duties to raise additional revenue anticipated in the 2015 state budget.
“The transportation systems in the atolls are being destroying and I am afraid that it might go back to the old days where the inter-atoll transportation was monopolised by individuals with boats,” said Ahmed Zahir of the opposition’s transport committee.
Referring to the PPM’s campaign pledge to balance the budget within three years, Yameen said the 2015 budget has a “primary balance surplus” while the small deficit was intended to repay unpaid bills from recent years.
The government is considering raising import duty for tobacco from 150 to 300 percent and 100 to 150 percent for cars in order to facilitate next year’s record budget Finance Minister Jihad explained.