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2024 National Budget

law_policy

Tracked since 2023-11-05

Since 2024-01-01

2024 Budget
6
Mentions
24
Connections
0.90
Salience
6
Events
2024-10-25
Last Mention

Original MVR 50 billion budget for 2024; fully spent according to MPs.

The 2024 national budget of the Maldives is a record MVR 49.8-50 billion spending plan passed by Parliament, with a deficit of MVR 13.8 billion funded through debt, foreign support, and bond sales. It faced opposition criticism for lack of transparency, under-budgeting in PSIP projects, and diversion of funds from the Fushidhiggaru Lagoon project to housing and legal fees for an ITLOS appeal.

Role National budget
Affiliation Government of Maldives
Location Maldives