Committee to complete 2027 budget review by Nov 19
Latest Budget 2027: Committee approves timeline to finalize budget review within two weeks Raajje (English), 5 Nov, 20:57
- MVR 59.7 billion Proposed State Budget for 2027 (2027) 3 outlets
Latest Budget 2027: Committee approves timeline to finalize budget review within two weeks Raajje (English), 5 Nov, 20:57
The Parliamentary Budget Committee convened to deliberate on the 2027 State Budget has drawn up a schedule to wrap up the committee-level deliberation on the budget by the 19th of this month.
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The Parliament has approved a motion to finalize the proposed state budget for 2027 by November 19. This decision was approved during a meeting held by the Budget Review Committee on Thursday.
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As part of the process, the committee has scheduled a session for November 9 to summon the Ministry of Finance for questioning regarding the budget.
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Parliament's Budget Review Committee · Complete its examination of the proposed MVR 59.7 billion State Budget for 2027 within the agreed two-week timeframe and submit its report to Parliament
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Newest report: Raajje (English), 5 Nov, 20:57. Reports with a date and no time are listed but not placed on the line.
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The government of President Dr. Mohamed Muizzu has submitted a budget of MVR 59.7 billion for 2027.
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To achieve the government's established targets, a budget of MVR 59,704,440,795, has been submitted to the People’s Majlis for the year 2027.
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The Ministry of Finance and Public Enterprises submitted a proposed budget of MVR 59.7 billion for 2027
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Only one source we monitor stated it. That is a gap in what we monitor, not a doubt about it.
Finance Minister Hassan Zareer stated that the government’s total expenditure within the proposed budget is estimated at MVR 52.6 billion.
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Of this amount, MVR 42.7 billion is allocated for recurrent or operational expenses, while MVR 9.9 billion has been earmarked for capital expenditure, which includes development projects and investments.
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Minister Zareer also stated that the capital expenditure includes MVR 8.2 billion allocated for Public Sector Investment Program (PSIP) projects.
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representing a reduction of MVR 4.5 billion compared with the MVR 64.2 billion budget approved for 2026
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the MVR 64.2 billion budget approved for 2026
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Parliament's General Purpose Committee has also approved 15 minutes for each lawmaker to debate the proposed budget
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and 4 more, in the Evidence tab and the reports.
The Ministry of Finance and Public Enterprises submitted a proposed budget of MVR 59.7 billion for 2027
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Earlier reports gave MVR 59.7 billion 4 Nov, 22:37 Raajje (English)MVR 59,704,440,795 3 Nov MM TV (English)
representing a reduction of MVR 4.5 billion compared with the MVR 64.2 billion budget approved for 2026
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the MVR 64.2 billion budget approved for 2026
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Parliament's General Purpose Committee has also approved 15 minutes for each lawmaker to debate the proposed budget
Word for word from the report in MM TV (English). Open the report
The government of President Dr. Mohamed Muizzu has submitted a budget of MVR 59.7 billion for 2027.
Word for word from the report in Byline. Open the report
To achieve the government's established targets, a budget of MVR 59,704,440,795, has been submitted to the People’s Majlis for the year 2027.
Word for word from the report in Raajje (English). Open the report
Finance Minister Hassan Zareer stated that the government’s total expenditure within the proposed budget is estimated at MVR 52.6 billion.
Word for word from the report in Raajje (English). Open the report
Of this amount, MVR 42.7 billion is allocated for recurrent or operational expenses, while MVR 9.9 billion has been earmarked for capital expenditure, which includes development projects and investments.
Word for word from the report in Raajje (English). Open the report
Minister Zareer also stated that the capital expenditure includes MVR 8.2 billion allocated for Public Sector Investment Program (PSIP) projects.
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Funadhoo MP Mohamed Mamdhooh proposed that the committee seek written feedback from independent institutions rather than holding in-person meetings. The committee subsequently approved this proposal.
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