Records released by the Ministry of Finance show the government has spent MVR 374 million on compensation payouts this year against a budgeted MVR 100 million, a 270 percent overspend. Approximately MVR 1.6 billion has been paid as compensation for the premature cancellation of government contracts over the past four years, and the ministry has not revealed which companies received the payouts.
One outlet so far Only Maldives Republic has reported this among the sources we monitor. A gap in what we monitor, not proof that others did not report it.
Nothing to compare yet. If another monitored source reports it, its headline appears beside this one.
Records show MVR 374 million has been spent on payouts thus far this year, while the budgeted figure was MVR 100 million, resulting in a 270 percent overspend.
Word for word from the report in Maldives Republic. Open the report
Records show MVR 374 million has been spent on payouts thus far this year, while the budgeted figure was MVR 100 million, resulting in a 270 percent overspend.
Word for word from the report in Maldives Republic. Open the report
Records show MVR 374 million has been spent on payouts thus far this year, while the budgeted figure was MVR 100 million, resulting in a 270 percent overspend.
Word for word from the report in Maldives Republic. Open the report
Approximately MVR 1.6 billion has been paid out as compensation for the premature cancellation of government contracts over the past four years.
Word for word from the report in Maldives Republic. Open the report
