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News Fushidhiggaru / budget Malé Impact 6.0/10 4 min read
Fushidhiggaru Project Removed From Budget to Prioritise Housing Projects in Malé Area: Budget Committee Chair

Fushidhiggaru Project Removed From Budget to Prioritise Housing Projects in Malé Area: Budget Committee Chair

The Fushidhiggaru Lagoon development project was removed from the 2024 National Budget to prioritize ongoing housing projects in Hulhumalé, Gulhifalhu, and Giraavaru, as well as PSIP projects in the atolls. Parliament Budget Committee Chair Mohamed Nashiz stated that the MDP's intention was to complete existing projects first. Initially allocated MVR 400 million, the funds were redistributed: MVR 200 million to ongoing projects and MVR 200 million to atoll PSIP projects. President Muizzu had pledged 1,200 hectares of reclamation and over 11,900 plots at Fushidhiggaru.

The Fushidhiggaru Lagoon development project was removed from the 2024 National Budget to prioritize ongoing housing projects in Hulhumalé, Gulhifalhu, and Giraavaru, as well as PSIP projects in the atolls. Parliament Budget Committee Chair Mohamed Nashiz stated that the MDP's intention was to complete existing projects first. Initially allocated MVR 400 million, the funds were redistributed: MVR 200 million to ongoing projects and MVR 200 million to atoll PSIP projects. President Muizzu had pledged 1,200 hectares of reclamation and over 11,900 plots at Fushidhiggaru.

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Maldives Republic

Published

Dec 10, 2023

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The Fushidhiggaru Lagoon development project was removed from the 2024 National Budget to prioritize ongoing housing projects in Hulhumalé, Gulhifalhu, and Giraavaru, as well as PSIP projects in the atolls. Parliament Budget Committee Chair Mohamed Nashiz stated that the MDP's intention was to complete existing projects first. Initially allocated MVR 400 million, the funds were redistributed: MVR 200 million to ongoing projects and MVR 200 million to atoll PSIP projects. President Muizzu had pledged 1,200 hectares of reclamation and over 11,900 plots at Fushidhiggaru.

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