Official Finance Ministry figures submitted to the People's Majlis show the Islamic Ministry receiving the lowest allocation in the 2027 projected state budget at MVR 578.0 million, while education receives MVR 6,279 million and housing MVR 5,067 million. The total budget passed for next year is MVR 59.7 billion, MVR 4.5 billion lower than this year's MVR 64.2 billion, with expenditure projected to rise to MVR 52.6 billion.
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In contrast, the government plans to spend MVR 6,279 million on the education sector and MVR 5,067 million on housing.
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The ministry was allocated MVR 439 million in 2025, while the figure for the current year stands at MVR 421 million.
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The ministry was allocated MVR 439 million in 2025, while the figure for the current year stands at MVR 421 million.
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Despite the total state budget being smaller than this year's, the government has passed a budget of MVR 59.7 billion for next year, anticipating higher expenditures and a larger deficit.
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The budget presented to Parliament by Finance Minister Hassan Zareer is MVR 4.5 billion lower than this year’s MVR 64.2 billion.
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The budget presented to Parliament by Finance Minister Hassan Zareer is MVR 4.5 billion lower than this year’s MVR 64.2 billion.
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Nevertheless, government expenditure is projected to reach MVR 52.6 billion next year, marking an increase of MVR 3.3 billion compared to the current year.
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Nevertheless, government expenditure is projected to reach MVR 52.6 billion next year, marking an increase of MVR 3.3 billion compared to the current year.
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The Finance Ministry submitted these statistics, which detail the distribution of the budget across various government ministries and sectors, to the People’s Majlis last week.
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The budget presented to Parliament by Finance Minister Hassan Zareer is MVR 4.5 billion lower than this year’s MVR 64.2 billion.
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