Block grants to local councils rise 11.3%

Block grants issued to local councils in the Maldives increased by 11.3% during the first five months of 2026, reaching MVR 1.04 billion compared to MVR 897.1 million in the same period last year. The funds, allocated through the State budget since 2020, aim to strengthen councils' financial independence and enable small and medium development projects. The government has proposed amendments to increase Women's Development Committees' share from 5% to 10%, allocate uninhabited islands for revenue, and allow councils to obtain bank financing. A program to construct new council office buildings in 50 islands is expected to be completed by end of July.

Block grants issued to local councils in the Maldives increased by 11.3% during the first five months of 2026, reaching MVR 1.04 billion compared to MVR 897.1 million in the same period last year. The funds, allocated through the State budget since 2020, aim to strengthen councils' financial independence and enable small and medium development projects. The government has proposed amendments to increase Women's Development Committees' share from 5% to 10%, allocate uninhabited islands for revenue, and allow councils to obtain bank financing. A program to construct new council office buildings in 50 islands is expected to be completed by end of July.

Block grants issued to local councils in the Maldives increased by 11.3% during the first five months of 2026, reaching MVR 1.04 billion compared to MVR 897.1 million in the same period last year. The funds, allocated through the State budget since 2020, aim to strengthen councils' financial independence and enable small and medium development projects. The government has proposed amendments to increase Women's Development Committees' share from 5% to 10%, allocate uninhabited islands for revenue, and allow councils to obtain bank financing. A program to construct new council office buildings in 50 islands is expected to be completed by end of July.

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