Monday 22nd Jul 2024
Dhivehi Edition
News Reports Sports Business
News

Election Commission Disburses State Funds to Six Political Parties

Funds have been released to six eligible political parties in the Maldives, according to Election Commission (EC) member Hassan Zakaria. The distribution follows the guidelines set forth by the Political Parties Act, which mandates state funding for parties that have surpassed 10,000 members before the budget is passed. The allocation is based on the number of registered members each party has.
The following parties have received state funds:
- Maldivian Democratic Party (MDP): MVR 15.1 million
- Progressive Party of Maldives (PPM): MVR 10.4 million
- People's National Congress (PNC): RF 8.0 million
- Jumhooree Party (JP): RF 5.3 million
- Adhaalath Party: RF 2.5 million
- Maldives Development Alliance (MDA): RF 2.4 million
The total allocation is calculated at MVR 289.62 per member, based on the number of registered members in each party.