Parliament approves record-high MVR 64B budget for 2026

5 days ago

The Parliament, on Tuesday, has approved the record MVR 64 million state budget proposed by the government for 2026. The Finance Ministry submitted a proposed budget of MVR 64.2 billion for 2026 on October 30th– marking the highest annual budget on record. It surpasses this year’s MVR 56.6 billion budget by MVR 5 billion. The budget was approved in a 74-12 majority