Finance Ministry conducts training on public fund management for state agencies

The Ministry of Finance has successfully concluded a three-day training program for state institutions in the Greater Malé Region, focusing on compliance with state finance regulations and the proper expenditure of public funds.

The program, initiated by the Public Finance Institute of the Ministry of Finance, aimed to familiarize employees with key aspects of public financial management.

State Minister of Finance Husham Ali inaugurated the sessions, which saw the participation of 168 individuals from 51 agencies. The final session was held on Saturday evening.

މާލެ ސަރަހައްދުގެ ދައުލަތުގެ މުއައްސަސާތަކަށް އަމާޒުކޮށްގެން ފިނޭންސް މިނިސްޓްރީގެ ޕަބްލިކް ފައިނޭންސް އިންސްޓިޓިއުޓުން އިސްނަގައިގެން ދައުލަތުގެ މާލިއްޔަތުގެ ގަވާއިދަށް އަހުލުވެރިކުރުވުމުގެ ތަމްރީން ޕްރޮގްރާމެއް ފަށައިފި. މި ޕްރޮގްރާމް އިފްތިތާހް ކޮށްދެއްވާފައިވަނީ މިނިސްޓަރ… pic.twitter.com/GzKGwvEWLx

— Ministry of Finance and Planning (@MoFmv) August 2, 2025

The training covered several critical areas, including:

• The state procurement system

• The management of public funds, receipts, acceptances, and fund maintenance

• The financial accountability and responsibilities of employees

• Salary and allowances, employee-incurred expenses, trust funds and accounts, and the expenditure of public funds and associated accounts

• The state goods stock and auction portal

According to the Ministry of Finance, the sessions were well-received and are expected to benefit the participating state institutions. This training comes at a time when the Maldivian government is implementing spending cuts and announcing major reform measures due to the prevailing economic situation, although some of these measures have faced criticism.