Olympic Committee Approves MVR 38 Million Budget Aimed at Youth Development and International Participation

The Maldives Olympic Committee (MOC) unanimously approved a MVR 38 million budget for 2024 at its annual general assembly. The budget includes MVR 28 million from the government via the Ministry of Sports, Fitness, and Recreation. Allocations cover the Maldives contingent's travel to Pakistan for the South Asian Games (pending decision) and 170 athletes to Thailand for the Asian Indoor Martial Arts Games. For the first time, funds are allocated for hosting the National Games. 93% of the budget will be spent on sports-related expenses. The committee also decided to provide financial assistance to three associations for youth development programmes in the atolls. The Maldives will also compete in the Paris 2024 Olympic Games.

The Maldives Olympic Committee (MOC) unanimously approved a MVR 38 million budget for 2024 at its annual general assembly. The budget includes MVR 28 million from the government via the Ministry of Sports, Fitness, and Recreation. Allocations cover the Maldives contingent's travel to Pakistan for the South Asian Games (pending decision) and 170 athletes to Thailand for the Asian Indoor Martial Arts Games. For the first time, funds are allocated for hosting the National Games. 93% of the budget will be spent on sports-related expenses. The committee also decided to provide financial assistance to three associations for youth development programmes in the atolls. The Maldives will also compete in the Paris 2024 Olympic Games.

The Maldives Olympic Committee (MOC) unanimously approved a MVR 38 million budget for 2024 at its annual general assembly. The budget includes MVR 28 million from the government via the Ministry of Sports, Fitness, and Recreation. Allocations cover the Maldives contingent's travel to Pakistan for the South Asian Games (pending decision) and 170 athletes to Thailand for the Asian Indoor Martial Arts Games. For the first time, funds are allocated for hosting the National Games. 93% of the budget will be spent on sports-related expenses. The committee also decided to provide financial assistance to three associations for youth development programmes in the atolls. The Maldives will also compete in the Paris 2024 Olympic Games.

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