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This year was about shielding Maldives from debt and economic shocks: Zareer
Finance Minister Hassan Zareer, presenting next year's state budget, said the government spent this year repaying record debt and shielding the public from economic shocks caused by the Middle East conflict. Tourist arrivals fell sharply during the conflict, while government revenue is now forecast above its budgeted level and subsidy spending is set to rise well beyond allocations.
Sources1carried itTE1 of 19 news outlets we monitor
Figures10as written, with their sentences
One outlet so far Only The Edition has reported this among the sources we monitor. A gap in what we monitor, not proof that others did not report it.
Who said what
the reports' own quoted words, each once
Although the number of tourists arriving in Maldives is not expected to reach the level forecast for 2026, it is expected that the total number of tourists arriving in Maldives by the end of this year will be close to the total number of t…
The cost of fuel subsidies aimed at providing cheap electricity to the people has increased significantly this year due to higher world oil prices. Thus, fuel subsidies are expected to cost MVR 3.8 billion by the end of this year. However,…
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Figures in these reports
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MVR 11.7 billiondebt repaymentsThe Editionwith MVR 11.7 billion expected to be spent on debt repayments by the end of this year
Word for word from the report in The Edition. Open the report
MVR 4.5 billiondebt repaymentsThe Editionthe government will need to repay MVR 4.5 billion, he said
Word for word from the report in The Edition. Open the report
23 percenttourist arrival declineThe EditionTourist arrivals fell by 23 percent in March and April amid the conflict
Word for word from the report in The Edition. Open the report
3.6 percenttourist arrivals changeThe Editionarrivals so far this year are 3.6 percent lower than during the same period last year
Word for word from the report in The Edition. Open the report
Earlier reports gave19.8 percent12 May, 14:19The Standard
MVR 40.3 billiongovernment revenue (budgeted)The EditionRevenue was budgeted at MVR 40.3 billion for this year but is now forecast to reach MVR 41.7 billion
Word for word from the report in The Edition. Open the report
MVR 41.7 billiongovernment revenue (forecast)The EditionRevenue was budgeted at MVR 40.3 billion for this year but is now forecast to reach MVR 41.7 billion
Word for word from the report in The Edition. Open the report
MVR 3.8 billionfuel subsidy costThe Editionfuel subsidies are expected to cost MVR 3.8 billion by the end of this year
Word for word from the report in The Edition. Open the report
MVR 14.5 billiontotal subsidy spendingThe EditionTotal spending on subsidies is expected to reach MVR 14.5 billion this year, compared with the MVR 10.5 billion allocated in the budget
Word for word from the report in The Edition. Open the report