AGP Executive Report
Last update: 2 hours agoBudget: Parliament’s Budget Committee aims to finish reviewing the MVR 59.7 billion 2027 budget by November 19, with officials from the Finance Ministry and other agencies due to answer questions. Tourism: At World Travel Market, the government reaffirmed plans to remove overseas travel agents and tour operators from the 17% tourism GST. ABTA welcomed the move, but hotelier Mohamed Khaleel warned that lost confidence among travel partners could take years to rebuild. The government also launched its “Visit Maldives Year 2027” campaign to attract visitors and widen local participation in tourism. Business Finance: BML’s move to let small businesses receive US-dollar payments offers a new route for firms facing currency constraints. Connectivity: Vietjet has opened bookings for flights linking Hanoi and the Maldives via Colombo, adding a potential boost to regional visitor access.
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