National Budget 2025: Proposal Misleading, Reduces Expenditure on Essential Services, Increases Waste, Says MDP

The Maldivian Democratic Party (MDP) criticized the Mohamed Muizzu administration's proposed 2025 budget, claiming it reduces essential services spending by MVR 3 billion while increasing wasteful spending by MVR 3.8 billion. Former Finance Minister Ibrahim Ameer alleged mathematical fraud, noting that loans to state-owned companies were moved off-balance sheet to make deficit appear smaller. According to Ameer, when compared fairly, the deficit is significant.

The Maldivian Democratic Party (MDP) criticized the Mohamed Muizzu administration's proposed 2025 budget, claiming it reduces essential services spending by MVR 3 billion while increasing wasteful spending by MVR 3.8 billion. Former Finance Minister Ibrahim Ameer alleged mathematical fraud, noting that loans to state-owned companies were moved off-balance sheet to make deficit appear smaller. According to Ameer, when compared fairly, the deficit is significant.

The Maldivian Democratic Party (MDP) criticized the Mohamed Muizzu administration's proposed 2025 budget, claiming it reduces essential services spending by MVR 3 billion while increasing wasteful spending by MVR 3.8 billion. Former Finance Minister Ibrahim Ameer alleged mathematical fraud, noting that loans to state-owned companies were moved off-balance sheet to make deficit appear smaller. According to Ameer, when compared fairly, the deficit is significant.

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