Public Accounts Committee

Public Account Committee's 29th meeting for the year 2021

23 Aug 2021 Number 29

Summary

In today's meeting, the paperwork related to the loan of 15,000,000 Kuwait Dinar from Kuwait Fund for Arab Economic Development for the development of Ibrahim Nasir International Airport was shared with the committee members. The paperwork related to the Islamic Corporation for the Development of Private Sector (ICD) sukuk program was share with the committee members. The Fiscal Risk Statement of the year 2021 and Fiscal Strategy for the years 2022-2024 was shared with the members and decided to meet with Ministry of Finance for further discussion. Letter sent to Local Government Authority from the Secretariat of Inguraidhoo Council requesting to include renovating of their office in the PSIP budget for the year 2022 was shared with the members. Circular received from Ministry of Finance regarding the introduction of internet banking services in the Secretariat of Councils was shared with the members. Circular received from Ministry of Finance regarding financial responsibilities of Secretary Generals of the Secretariat of Councils was shared with the members. Issue received from State Owned Enterprises Committee regarding Maldives Monetary Authority refusing to grant Insurance Broker license to George Steuart Maldives Private Limited was shared with the members.

Works

12 Aug 2021

Paperwork related to Loan of 15,000,000 Kuwait Dinar from Kuwait Fund for Arab Economic Development

Completed

01 Aug 2021

George Steuart Insurance broker issue

Completed

12 Jul 2021

To Include renewing Secretariat of Inguraidhoo Council building in the PSIP budget for 2022

Completed

11 Jul 2021

Circular from Ministry of Finance regarding the introduction of Internet Banking Service to the Secretariat of the Councils

Completed

02 Jun 2021

Fiscal Risk Statement 2021

Completed

10 May 2021

Circular from Ministry of Finance regarding the responsibility of Secretary Generals of Councils

Completed

06 May 2021

Paperwork related to Islamic Corporation for the Development of Private Sector Sukuk Program

Completed

01 Aug 2019

Fiscal Strategy and Debt Strategy Reports

Completed

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