99% of subsidy budget exhausted midway into the year

9 hours ago

Statistics released by Finance Ministry show that 99 percent of the government's subsidy budget has already been spent, despite six months remaining in the year. According to the Ministry's latest Weekly Fiscal Development Report, MVR 2.868 billion had been spent on subsidies by the end of the 26th week of the year, as of July 2. As a result, only MVR