Budget deficit projected to increase to MVR 12 billion

3 months ago

Maldivian Finance Minister Ibrahim Ameer, on Wednesday, said the government now projected the budget deficit to increase to MVR 12 billion in the wake of the coronavirus pandemic. At a National Emergency Operations Center press briefing on Wednesday night, Ameer said the budgetary projections by the government had undergone drastic changes in light of the coronavirus pandemic. With the severe impact the