Govt proposes MVR 59.7bn budget for 2027

4 minutes ago

Finance Minister Hassan Zareer on Thursday presented a proposed state budget of MVR 59.7 billion for next year. The 2027 budget is around MVR 4.5 billion lower than the record MVR 64.2 billion budget approved for this year, which focused heavily on servicing Maldives’ staggering debt obligations. Zameer told the Parliament that the 2027 budget was drafted in line with the government’s