Minister of Construction and Infrastructure Abdulla Muththalib said the Finance Ministry's fiscal reporting on development project spending may contain reporting issues and called for clearer, more specific figures. The latest Weekly Fiscal Report put development spending at about MVR 1.8 billion over the past six months, against about MVR 4.5 billion in the same period last year.
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.
I think there might be reporting issues, whether their current expenditure includes loans for previous projects, payments made, how much of the four billion they reported earlier has paid for loans taken for previous projects
What I know is that there are many ongoing projects. The administration has not stopped any project, has not ordered any to be stopped and has not made that decision
Nothing to compare yet. If another monitored source reports it, its headline appears beside this one.
approximately MVR 1.8 billion has been spent on development projects during the period — compared to approximately MVR 4.5 billion spent over the same period last year.
Word for word from the report in Maldives Republic. Open the report
compared to approximately MVR 4.5 billion spent over the same period last year.
Word for word from the report in Maldives Republic. Open the report
