Finance and Public Enterprises Minister Hassan Zareer presented the proposed 2027 budget of MVR 59 billion, MVR 4.5 billion less than the 2026 budget, saying the top priority is laying the groundwork for developed-country status by 2040. The Finance Ministry forecasts growth of 3.9 to 6.8 percent next year and foreign reserves rising to USD 907.2 million by end-2027.
The Government’s proposed 2027 State Budget is intended to chart the path towards achieving developed-nation status by 2040
With the vision of being a developed country by 2040, our efforts will be aligned under the National Development Plan being prepared. By stabilizing the economy and returning public finances to a sustainable path, we will secure the financ…
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The Finance Ministry forecasts economic growth of between 3.9 and 6.8 percent next year.
Word for word from The Edition. Open the report
The government has proposed a budget of MVR 59 billion for next year, MVR 4.5 billion less than the 2026 budget.
Word for word from The Edition. Open the report
MVR 4.5 billion less than the 2026 budget.
Word for word from The Edition. Open the report
Foreign reserves are projected to rise from USD 817.7 million at the end of this year to USD 907.2 million by the end of 2027.
Word for word from The Edition. Open the report
Foreign reserves are projected to rise from USD 817.7 million at the end of this year to USD 907.2 million by the end of 2027.
Word for word from The Edition. Open the report
The Finance Ministry forecasts economic growth of between 3.9 and 6.8 percent next year.
Word for word from the report in The Edition. Open the report
The government has proposed a budget of MVR 59 billion for next year, MVR 4.5 billion less than the 2026 budget.
Word for word from the report in The Edition. Open the report
MVR 4.5 billion less than the 2026 budget.
Word for word from the report in The Edition. Open the report
Foreign reserves are projected to rise from USD 817.7 million at the end of this year to USD 907.2 million by the end of 2027.
Word for word from the report in The Edition. Open the report
Foreign reserves are projected to rise from USD 817.7 million at the end of this year to USD 907.2 million by the end of 2027.
Word for word from the report in The Edition. Open the report
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