Nearly half of subsidy budget already exhausted

23 hours ago

The state has already spent 47.7 percent of the annual allocation on subsidies within the first three-and-a-half months of this year, according to the latest information released by the Finance Ministry. The budget allocation for subsidies this year is MVR 2.89 billion. The latest weekly fiscal report released by the Finance Ministry shows the state has already spent MVR 1.38 billion on