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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.

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Sources 1carried it 1 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 billion funds released by current administration for public needs Raajje (English) the current administration has released a total of $1.9 billion to meet various public needs during its tenure

    Word for word from the report in Raajje (English). Open the report

  • 80 percent increase in funds released versus final three years of previous administration Raajje (English) this represents an 80 percent increase compared to the final three years of the previous administration

    Word for word from the report in Raajje (English). Open the report

  • approximately 100 percent increase in average monthly disbursement of US dollars Raajje (English) the average monthly disbursement of US dollars has increased by approximately 100 percent, effectively doubling compared to the previous government

    Word for word from the report in Raajje (English). Open the report

  • USD 90.07 million bunkering service revenue Raajje (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 gave MVR 923.46 million 7 May, 14:34 The Standard

  • 1.39 billion bunkering service revenue in Maldivian Rufiyaa Raajje (English) The Minister stated that this amounts to 1.39 billion in Maldivian Rufiyaa

    Word for word from the report in Raajje (English). Open the report

  • $400 million bunkering 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

    Word for word from the report in Raajje (English). Open the report

Other events named

no clear day, as worded
  • Minister Mohamed Saeed responded to a no-confidence motion submitted by the MDP while speaking on the floor of Parliament. Parliament Raajje (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

    Word for word from the report in Raajje (English). Open the report

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