'MVR 1B to be allocated in 2026's budget for housing'

5 days ago

President Dr. Mohamed Muizzu states MVR 1 billion will also be allocated in next year’s state budget for new housing projects. The approved MVR 56.6 billion state budget for this year allocates MVR 3 billion for housing initiatives, alongside MVR 1 billion for housing-related loans and MVR 1.8 billion for new housing projects. Prior to this, President Muizzu has described this year’s