Parliament and President-Elect Set Budget Priorities for Next Year

The Parliament and President-elect Dr Mohamed Muizzu have set budget priorities for the next year, capping the national budget at MVR 49 billion. Ghassan Maumoon, a budget committee member and PPM vice president, announced the cap. The Finance Ministry is preparing the budget with input from the incoming administration. An additional MVR 200 million supplementary budget covers transition expenses from November 17 to December 31. The Parliament's General Purpose Committee approved a MVR 196.2 million budget for parliamentary secretaries for 2024, up from MVR 182 million, including MVR 4.6 million for staff allowances after 11 years without increments.

The Parliament and President-elect Dr Mohamed Muizzu have set budget priorities for the next year, capping the national budget at MVR 49 billion. Ghassan Maumoon, a budget committee member and PPM vice president, announced the cap. The Finance Ministry is preparing the budget with input from the incoming administration. An additional MVR 200 million supplementary budget covers transition expenses from November 17 to December 31. The Parliament's General Purpose Committee approved a MVR 196.2 million budget for parliamentary secretaries for 2024, up from MVR 182 million, including MVR 4.6 million for staff allowances after 11 years without increments.

The Parliament and President-elect Dr Mohamed Muizzu have set budget priorities for the next year, capping the national budget at MVR 49 billion. Ghassan Maumoon, a budget committee member and PPM vice president, announced the cap. The Finance Ministry is preparing the budget with input from the incoming administration. An additional MVR 200 million supplementary budget covers transition expenses from November 17 to December 31. The Parliament's General Purpose Committee approved a MVR 196.2 million budget for parliamentary secretaries for 2024, up from MVR 182 million, including MVR 4.6 million for staff allowances after 11 years without increments.

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