The World Bank expressed concern over the Ministry of Finance's failure to publish Weekly Fiscal Development reports, which were last released on 20 June and had not been published for 113 days. Critics and the opposition MDP cited transparency concerns, while the Finance Ministry's website said reconciliation works were underway.
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Since 20 June, the authorities have not released the fiscal statistics due to ongoing reconciliation work, leading to transparency concerns on the overall economic situation
The next issue of the weekly fiscal updates will be published during the fourth week of July 2024, as reconciliation works are underway.
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The Finance Ministry has not released the report for 113 days.
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the Mohamed Muizzu administration last published the reports on 20 June.
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While Moosa Zameer—previously Foreign Minister—took over the portfolio of Finance Minister following the resignation of previous Minister, Mohamed Shafeeq, there has still been no progress on the publication of the weekly reports.
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