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State-owned enterprises
In the news, last 90 days
Economy
Budget 2027: Government scales back SOE support to MVR 1.98 billion
The government's proposed 2027 budget earmarks MVR 1.98 billion in loans and capital contributions for state-owned enterprises, down from MVR 2.27 billion projected for 2026 and MVR 6.21 billion in 2025. The reductions accompany efforts to strengthen SOE management, lower operating costs and cut the SOE workforce by 33 per cent.
Economy
Budget 2027: Three additional drug rehabilitation centres planned
The Maldivian Government plans to build modern drug rehabilitation centres in three additional regions under the proposed 2027 State Budget, presented to Parliament by Minister of Finance and Public Enterprises Hassan Zareer. The MVR 59.7 billion budget also includes measures to expand employment for persons with disabilities and introduce a Gender Equality and Social Inclusion (GESI) framework.
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