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Finance Ministry’s Delayed Reports Show Increased Recurrent Expenditure for 2024

The Ministry of Finance released Weekly Fiscal Development reports that had been halted since 20 June, showing recurrent expenditure of 27.2 billion MVR as of 24 October, 2.1 billion MVR higher than the same period last year. Capital expenditure remained lower than last year, mainly due to suspended Public Sector Investment Programme (PSIP) spending.

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Sources 1carried it 1 of 19 news outlets we monitor

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.

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