Search the news
Meet Viyu Ask about the news

Hi, I'm Viyu. Ask me about the stories collected here. I answer only from them, with numbered links to the outlets that published them, and I say so when they do not cover it.

Terms & Legal

Today
Story

Spending on PSIP Drops 67% Amid Contractor Payment Delays

Government spending on the Public Sector Investment Programme fell 67 per cent year-on-year, with MVR 1.6 billion disbursed for PSIP projects as of 19 June, down from MVR 4.8 billion a year earlier. Analysts blame delayed contractor payments and a lack of new projects, while the state budget for the year allocates MVR 12.3 billion to PSIP.

Ask Viyu about this story Report a mistake

What are the key figures?

Sources 1carried it 1 of 19 news outlets we monitor
Figures9as written, with their sentences

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.

How the reporting differs

one source so far

Nothing to compare yet. If another monitored source reports it, its headline appears beside this one.

Figures in these reports

as written, with the sentence they come from
  • MVR 1.6 billion ($98 million) PSIP disbursement as of 19 June Maldives Republic As of 19 June, the government had disbursed MVR 1.6 billion ($98 million) for PSIP projects, down sharply from MVR 4.8 billion during the same period last year

    Word for word from the report in Maldives Republic. Open the report

  • MVR 4.8 billion PSIP disbursement same period last year Maldives Republic down sharply from MVR 4.8 billion during the same period last year, according to figures from the Ministry of Finance

    Word for word from the report in Maldives Republic. Open the report

  • MVR 540.5 million PSIP spending on airport development Maldives Republic The largest share of expenditure so far this year has gone to airport development, with MVR 540.5 million spent.

    Word for word from the report in Maldives Republic. Open the report

  • MVR 226.4 million PSIP spending on land reclamation projects Maldives Republic Land reclamation projects followed with MVR 226.4 million

    Word for word from the report in Maldives Republic. Open the report

    Earlier reports gave MVR 2 billion 2 Dec, 11:25 Maldives Republic

  • MVR 165.5 million PSIP spending on Thilamalé Bridge Maldives Republic while MVR 165.5 million has been spent on the Thilamalé Bridge

    Word for word from the report in Maldives Republic. Open the report

  • MVR 110.2 million PSIP spending on harbour development Maldives Republic Harbour development accounted for MVR 110.2 million

    Word for word from the report in Maldives Republic. Open the report

  • MVR 49.8 million PSIP spending on water and sewerage infrastructure Maldives Republic water and sewerage infrastructure for MVR 49.8 million

    Word for word from the report in Maldives Republic. Open the report

  • MVR 161.4 million PSIP spending on environmental protection projects Maldives Republic and environmental protection projects for MVR 161.4 million.

    Word for word from the report in Maldives Republic. Open the report

  • MVR 12.3 billion Total state budget allocation for PSIP projects Maldives Republic The state budget for this year includes a total allocation of MVR 12.3 billion for PSIP projects.

    Word for word from the report in Maldives Republic. Open the report

Subjects

sectors and approved topics, alphabetical
Construction & propertyPublic finance & tax

Named in these reports

alphabetical
Housing Development CorporationMinistry of Finance