Development

Maldives inaugurates Public Finance Institute

Ministry of Finance and Treasury has inaugurated its Public Finance Institute established to develop individuals in finance sector.
The institute was inaugurated by Governor of Maldives Monetary Authority (MMA) Ahmed Naseer. Speaking at the ceremony, the Governor expressed hope the institution will develop human resources in the country. The Public Finance Institute, named Ismail Fathuhee Maalam, is a milestone achievement for the finance sector of Maldives, revealed the Finance Ministry.
The institute will conduct training programmes for staff of the Ministry and individuals working in finance sector of the country, Minister of Finance and Treasury Ahmed Munawar stated addressing the function held to inaugurate the Public Finance Institute. One main aim of the institute is to ensure all the staff of the Ministry are familiar with accounting software, System Application Products (SAP), to ensure better accounting and finance systems are practiced, noted Finance Ministry. Minister Munawar assured SAP training programmes will be conducted in Public Finance Institute at an affordable price.
During the ceremony, Finance Ministry signed with Maldives National University (MNU) to prepare the curriculum of the training programmes to be conducted in the institution.