3 months to year-end: 72% of project budget unutilized

1 week ago

With only three months remaining in the fiscal year, a significant 72% of the allocated budget for development projects remains unspent, according to official government figures. This comes amidst a rising number of complaints regarding stalled projects nationwide. The Ministry of Finance reports that MVR 3.5 billion has been expended on projects as of the 18th of this month. This figure represents