Month: April 2020

COVID-19: EXTENSION ON MIRA DEADLINES

Maldives Inland Revenue Authority (MIRA) has made a statement regarding the deadlines falling within this lockdown period. Deadlines falling within this period will be further extended to the date on which MIRA reopens. MIRA will be announcing the date of re-opening.

COVID-19: MED INTRODUCES REDUNDANCY HOTLINE

In an effort to assist in reporting redundancies due to Covid-19, Ministry of Economic Development (MED) has announced that they have introduced a hotline number to the job center. The hotline number 1475 will be active from 10 am to 1 pm, Sunday to Thursday.  

COVID-19: GOVERNMENT TO GRANT UNEMPLOYMENT BENEFITS

The Ministry of Economic Development (MED) has declared that they will be providing MVR 5000 per month as unemployment benefits for those who were made redundant due to this pandemic. It was decided that these unemployment benefits will be provided for the months of April, May and June.  

COVID-19: IMF TO LOAN MALDIVES $28.9 MILLION

– Under Rapid Credit Facility (RCF) scheme, the Executive Board of International Monetary Fund (IMF) has decided to loan the Maldives USD 28.9 million (MVR 445.6 million) as relief to the COVID-19 situation. – International Monetary Fund (IMF) has decided to aid 30 member countries, including the Maldives.