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Minister Saeed Says Public Will Have Better Access to USD at Bank Rates Than Under Previous Administration
Responding to an opposition no-confidence motion in Parliament, Minister of Economic Development and Trade Mohamed Saeed said the government had released $1.9 billion for public needs, an 80 percent increase over the previous administration's final three years, and that monthly dollar disbursements at the bank rate had roughly doubled. He also said the bunkering service had generated USD 90.07 million, while opposition figures said that falls short of the $400 million initially projected.
Sources1carried itRE1 of 19 news outlets we monitor
Figures6as written, with their sentences
One outlet so far Only Raajje (English) 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
Raajje (English)News outlet
Minister Saeed Says Public Will Have Better Access to USD at Bank Rates Than Under Previous Administration
$1.9 billion funds released by current administration for public needs
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Figures in these reports
as written, with the sentence they come from
$1.9 billionfunds released by current administration for public needsRaajje (English)the current administration has released a total of $1.9 billion to meet various public needs during its tenure
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80 percentincrease in funds released versus final three years of previous administrationRaajje (English)this represents an 80 percent increase compared to the final three years of the previous administration
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approximately 100 percentincrease in average monthly disbursement of US dollarsRaajje (English)the average monthly disbursement of US dollars has increased by approximately 100 percent, effectively doubling compared to the previous government
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USD 90.07 millionbunkering service revenueRaajje (English)the service, launched by President Dr. Mohamed Muizzu’s administration with two vessels, has generated USD 90.07 million in revenue to date
Word for word from the report in Raajje (English). Open the report
Earlier reports gaveMVR 923.46 million7 May, 14:34The Standard
1.39 billionbunkering service revenue in Maldivian RufiyaaRaajje (English)The Minister stated that this amounts to 1.39 billion in Maldivian Rufiyaa
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$400 millionbunkering revenue initially projected by the government (opposition claim)Raajje (English)revenue from bunkering services has fallen significantly short of the $400 million initially projected by the government
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Other events named
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Minister Mohamed Saeed responded to a no-confidence motion submitted by the MDP while speaking on the floor of Parliament.ParliamentRaajje (English)Responding to a no-confidence motion submitted to Parliament by the opposition Maldivian Democratic Party (MDP), Minister of Economic Development and Trade Mohamed Saeed stated... Speaking on the floor of Parliament, Minister Saeed stated
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