Introduction
Takeaways
Proposals & Decisions
- Proposal
- The proposed capitalization measures for the Noonu Atoll Local Authority Company for the year 2025 reflect a strategic commitment to strengthening institutional capacity, enhancing financial governance, and supporting long-term development objectives across the atoll. These measures include the issuance of additional capital and a financial restructuring plan designed to reinforce the company’s equity position and ensure compliance with statutory governance requirements. A total of MVR 2,500,000.00 is proposed for transfer to the company in 2025, aimed at bolstering its operational capabilities and enabling the execution of key strategic initiatives. Within this allocation for 2025, MVR 250,000.00 is designated for the development and delivery of legal services, ensuring the company adheres to legal standards, strengthens compliance frameworks, and effectively manages governance-related requirements. Another MVR 250,000.00 is allocated for the development and delivery of marketing and public relations services, enabling the company to maintain a strong public presence, enhance stakeholder engagement, and effectively communicate its mission and activities. The remaining MVR 2,000,000.00 is allocated to core capitalization, general operations, and strategic development, including administrative strengthening, service delivery improvements, and the advancement of economic and community-focused projects. These capitalization efforts for 2025 are expected to improve fiscal sustainability, align the company with governance best practices, and position it as a central driver of inclusive growth and resilience within Noonu Atoll. Additional capitalization measures may be considered in subsequent years as part of ongoing financial planning and budget approvals.
You can also reply to this email to add a task comment.This task is in the Decisions - Noonu Atoll Council plan. - Takeaways
- The Noonu Atoll Council, in pursuit of strengthening the institutional capacity, financial governance, and long-term development objectives of the Noonu Atoll Local Authority Company, hereby decides to approve capitalization measures for the year 2025.These measures include the issuance of additional capital and a financial restructuring plan to reinforce the company’s equity position and ensure full compliance with statutory governance requirements. The Council approves the transfer of a total of MVR 2,500,000.00 to the company in 2025, as follows' 2,000,000.00 for core capitalization, general operations, and strategic development, including administrative strengthening, service delivery improvements, and the advancement of economic and community-focused projects; MVR 250,000.00 for the development and delivery of legal services, to ensure adherence to legal standards, strengthen compliance frameworks, and effectively manage governance-related requirements; MVR 250,000.00 for the development and delivery of marketing and public relations services, to maintain a strong public presence, enhance stakeholder engagement, and effectively communicate the company’s mission and activities. This capitalization for 2025 is expected to enhance fiscal sustainability, align the company with governance best practices, and position it as a central driver of inclusive growth and resilience within Noonu Atoll. Additional capitalization measures may be considered in subsequent years subject to future budget approvals and council decisions.
- Introduced by
- In Favour
- 9
- Opposed
- 1 More details
44.1 Capitalization of Noonu Atoll Local Authority Company – 2025
- Proposal
- The Council convened to deliberate on the proposal to institutionalize an Internal Audit Unit within the Atoll’s governance framework. This initiative is designed to strengthen financial compliance, reinforce internal controls, and promote greater operational transparency across all council functions.
The discussion focused on defining the purpose and scope of the Internal Audit Unit and ensuring its alignment with the broader governance objectives of the Atoll. Members also examined potential barriers to establishing the unit, particularly those arising from recent legislative changes, and explored strategies to address these challenges effectively.
The Council further considered the benefits of creating the Internal Audit Unit, emphasizing its role in enhancing financial accountability, improving internal control mechanisms, and fostering a culture of transparency and good governance. Following this discussion, the Council reviewed the approval process and outlined the next steps required for successful implementation of the unit.You can also reply to this email to add a task comment.This task is in the Decisions - Noonu Atoll Council plan. - Takeaways
- The Noonu Atoll Council has formally endorsed the establishment of an Internal Audit Unit, following a comprehensive review of the Council’s financial compliance framework and internal control mechanisms. This decision reflects the Council’s commitment to enhancing operational transparency, accountability, and governance across all levels of administration. The proposal to create an Internal Audit Unit was deliberated extensively, with Council members recognizing its strategic importance in ensuring sound financial practices and adherence to regulatory standards. The initiative aligns with the Council’s broader vision of institutional strengthening and responsible public service delivery. In light of recent legal amendments mandating prior approval from the Local Government Authority (LGA) for the formation of such units, the Council has resolved to proceed with the necessary steps to obtain this authorisation. The resolution was passed with unanimous support, with eight (8) members voting in favour. Accordingly, the Council Secretariat has been authorised to prepare and submit the formal application to the LGA. Upon receiving the requisite approval, the Secretariat will initiate all necessary actions to operationalise the Internal Audit Unit in accordance with the Council’s governance objectives.
- Introduced by
Mohamed Basheer
President of Noonu Atoll Council | 2021-Now
- In Favour
- 7
- Opposed
- 3 More details
44.3 Atoll Internal Audit Unit Establishment.
- Proposal
- The president of the Noonu Atoll Council has been invited to participate as a speaker at the 32nd International Astronautical Federation (IAF) Workshop, organized in collaboration with the United Nations Office for Outer Space Affairs (UNOOSA). The event will take place from 26 to 28 September 2025 at the International Convention Centre in Sydney, Australia, and will bring together approximately 150 participants, including representatives from space agencies, research institutions, policymakers, and the diplomatic community.
During the workshop, the president will deliver a 10-minute presentation in Session 1, followed by a 5-minute Q&A session. The presentation will focus on perspectives and initiatives related to sustainable development and the role of space technologies in addressing local and regional challenges. The workshop aims to foster international collaboration and knowledge exchange, with a particular emphasis on supporting developing countries.
Participation in this event provides an important opportunity to showcase Noonu Atoll’s commitment to innovation and sustainability, network with global experts and organizations in the space and technology sectors, and explore potential partnerships for future projects aligned with the Space for Sustainable Development Goals (Space4SDGs) initiative.You can also reply to this email to add a task comment.This task is in the Decisions - Noonu Atoll Council plan. - Takeaways
- The Noonu Atoll Council hereby authorizes the official participation of the Council President as a speaker at the 32nd IAF Workshop, scheduled from 26 to 28 September 2025 at the International Convention Centre in Sydney, Australia. This invitation, extended by the International Astronautical Federation (IAF) in collaboration with the United Nations Office for Outer Space Affairs (UNOOSA), represents a significant opportunity for Noonu Atoll to engage in global dialogue on space science, sustainability, and international cooperation. The Council recognises the strategic value of this engagement in strengthening partnerships, advancing sustainable development objectives, and elevating the global profile of Noonu Atoll. Participation in this forum aligns with the Council’s broader vision of fostering innovation, promoting knowledge exchange, and positioning the atoll as an active contributor to international initiatives that address shared challenges. To facilitate this representation, the Council has approved the allocation of necessary resources to cover all related expenses, including accommodation, per diem, and incidental costs, in accordance with established financial regulations. The Council President shall be granted official leave for the duration of the travel, including reasonable transit time, ensuring uninterrupted execution of responsibilities upon return. The secretariat is directed to undertake all administrative and logistical arrangements required to implement this decision effectively.
- Introduced by
Mohamed Basheer
President of Noonu Atoll Council | 2021-Now
- In Favour
- 7
- Opposed
- 3 More details