Spending on loan repayment exceed budgeted amount

2 weeks ago

An amount higher than what was allocated in the state budget has been spent on loan repayment this year. MVR 2.20 billion was allocated in this year’s state budget for loan repayment. Statistics publicized by the Finance Ministry show that MVR 2.31 billion was spent for loan repayment as of December 19th, marking an increase of MVR 106 million than what