Committee passes State Budget of MVR 30 billion

Budget research committee has passed an Annual State Budget of MVR 30.3 billion for the year 2019. An increase from the 29.6 billion initially presented to the parliament.

The committee discussed with the heads of the relevant authorities before making the changes to the budget.

And so the former Finance Minister, Ahmed Munawar and the current Finance Minister, Ibrahim Ameer, along with other officials from independent institutes were summoned to the committee to discuss the budget.

This is the largest Annual State Budget in the Maldives to date. The government of President Yameen had a budget of MVR 27.9 billion for 2018.