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The Maldives Parliament approved a supplementary budget of MVR 5.1 billion during Tuesday's session, with 75 members in favor and 11 opposed, after Finance Minister Moosa Zameer presented it last Thursday and the Budget Committee reviewed it. The addition raises the year's total budget to MVR 55 billion and widens the projected deficit from MVR 16.3 billion to MVR 18.4 billion.
LatestParliament Passes MVR 5.1 Billion Supplementary Budget With Zero ChangesMaldives Republic, 30 Oct, 12:27
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MVR 24 millionsalaries allocationAvas (English)Salaries - MVR 24 million
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MVR 49.5 billionpreviously approved budget for the yearAvas (English)The addition of the supplementary budget to the MVR 49.5 billion approved budget for this year brings the total budget for the current year to MVR 55 billion.
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MVR 55 billiontotal budget for the current yearAvas (English)The addition of the supplementary budget to the MVR 49.5 billion approved budget for this year brings the total budget for the current year to MVR 55 billion.
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MVR 16.3 billionbudget deficit before increaseAvas (English)With this increase, the budget deficit will increase from MVR 16.3 billion to MVR 18.4 billion.
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MVR 18.4 billionbudget deficit after increaseAvas (English)With this increase, the budget deficit will increase from MVR 16.3 billion to MVR 18.4 billion.
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MVR 36.4 billionprojected revenueAvas (English)Following the change, projected revenue for the year stands at MVR 36.4 billion, while recurrent expenditure is estimated at MVR 36.3 billion.
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MVR 36.3 billionrecurrent expenditureAvas (English)Following the change, projected revenue for the year stands at MVR 36.4 billion, while recurrent expenditure is estimated at MVR 36.3 billion.
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MVR 19 billioncapital expenditureAvas (English)Capital expenditure is set to reach MVR 19 billion, and total budget financing will amount to MVR 19 billion.
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MVR 19 billiontotal budget financingAvas (English)Capital expenditure is set to reach MVR 19 billion, and total budget financing will amount to MVR 19 billion.
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