MVR 1B left in budget for recurrent expenses this year

3 days ago

The remainder in the state budget to cover recurrent expenses for the rest of the year has been reduced to MVR 1 billion. Weekly statistics publicized by Finance Ministry show that MVR 23.7 billion has been spent on recurrent expenses this year, as of November 17 – just short of the MVR 24.8 billion approved by the parliament. Whilst budget for recurrent