Public Sector Investment Programme (PSIP) spending fell 83 percent in January compared with the same period last year, according to Ministry of Finance data. MVR 287.5 million was spent on PSIP projects up to 1 February versus MVR 1.7 billion a year earlier, with land reclamation the largest expenditure.
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.
Public Sector Investment Programme (PSIP) spending fell 83 percent in January this year when compared to the same period last year, according to Ministry of Finance data.
Word for word from the report in Maldives Republic. Open the report
According to the ministry, MVR 287.5 million was spent on PSIP projects up till 1 February — MVR 1.7 billion was spent over the same period last year.
Word for word from the report in Maldives Republic. Open the report
MVR 1.7 billion was spent over the same period last year.
Word for word from the report in Maldives Republic. Open the report
MVR 82.4 million was spent on land reclamation, while MVR 44.7 million had been spent on water and sewerage projects.
Word for word from the report in Maldives Republic. Open the report
Earlier reports gave MVR 1.5 billion 17 Jan, 15:18 Maldives Republic
MVR 24.8 million was spent on harbour projects, with MVR 13.5 million spent on connectivity projects.
Word for word from the report in Maldives Republic. Open the report
While revenue over the period stood at MVR 3.5 million, the administration has, this year, spent a total of MVR 3.3 billion, including for loan repayments, thus far.
Word for word from the report in Maldives Republic. Open the report
the administration has, this year, spent a total of MVR 3.3 billion, including for loan repayments, thus far.
Word for word from the report in Maldives Republic. Open the report