Parliament Passes MVR 5.1 Billion Supplementary Budget With Zero Changes

The MVR 5.1 billion Supplementary Budget proposed by the Muizzu administration passed Parliament without amendments, with 75 votes in favour and 11 against. The budget allocates MVR 2 billion for PSIP, MVR 1.02 billion for subsidies, MVR 441.4 million for SOEs, MVR 650 million for contingency, MVR 458.4 million for student loans, MVR 200 million for medical consumables, MVR 262.6 million for medical assistance, and MVR 24.4 million for salaries. The original 2024 budget was MVR 49.8 billion, of which 74% had been spent as of last month. Revenue estimates were raised by MVR 640 million to MVR 34.1 billion, bringing the total 2024 budget to nearly MVR 55 billion.

The MVR 5.1 billion Supplementary Budget proposed by the Muizzu administration passed Parliament without amendments, with 75 votes in favour and 11 against. The budget allocates MVR 2 billion for PSIP, MVR 1.02 billion for subsidies, MVR 441.4 million for SOEs, MVR 650 million for contingency, MVR 458.4 million for student loans, MVR 200 million for medical consumables, MVR 262.6 million for medical assistance, and MVR 24.4 million for salaries. The original 2024 budget was MVR 49.8 billion, of which 74% had been spent as of last month. Revenue estimates were raised by MVR 640 million to MVR 34.1 billion, bringing the total 2024 budget to nearly MVR 55 billion.

The MVR 5.1 billion Supplementary Budget proposed by the Muizzu administration passed Parliament without amendments, with 75 votes in favour and 11 against. The budget allocates MVR 2 billion for PSIP, MVR 1.02 billion for subsidies, MVR 441.4 million for SOEs, MVR 650 million for contingency, MVR 458.4 million for student loans, MVR 200 million for medical consumables, MVR 262.6 million for medical assistance, and MVR 24.4 million for salaries. The original 2024 budget was MVR 49.8 billion, of which 74% had been spent as of last month. Revenue estimates were raised by MVR 640 million to MVR 34.1 billion, bringing the total 2024 budget to nearly MVR 55 billion.

This story involves 1 source and may affect public understanding of supplementary budget / zero changes.