LGA overspends its 2026 budget

4 hours ago

The Local Government Authority (LGA), the parent body of councils, has spent more than its allocated budget for this year as at the end of August, according to figures from the Finance Ministry’s latest Weekly Fiscal Developments report. The report shows that the LGA has spent MVR 41.5 million as of 27 August 2026, exceeding its approved budget of MVR 38.1