The government's proposed 2027 budget earmarks MVR 1.98 billion in loans and capital contributions for state-owned enterprises, down from MVR 2.27 billion projected for 2026 and MVR 6.21 billion in 2025. The reductions accompany efforts to strengthen SOE management, lower operating costs and cut the SOE workforce by 33 per cent.
One outlet so far Only MM TV (English) has reported this among the sources we monitor. A gap in what we monitor, not proof that others did not report it.
Nothing to compare yet. If another monitored source reports it, its headline appears beside this one.
The Government has earmarked MVR 1.98 billion in loans and capital contributions for State-owned enterprises (SOEs) in the proposed 2027 budget, reducing support as it seeks to curb their reliance on State funding.
Word for word from the report in MM TV (English). Open the report
The proposed allocation is down from MVR 2.27 billion projected for this year, continuing a decline from the MVR 6.21 billion provided in 2025.
Word for word from the report in MM TV (English). Open the report
The proposed allocation is down from MVR 2.27 billion projected for this year, continuing a decline from the MVR 6.21 billion provided in 2025.
Word for word from the report in MM TV (English). Open the report
Support stood at MVR 4.1 billion in 2024 before reaching its highest level across the years cited in the budget documents the following year.
Word for word from the report in MM TV (English). Open the report
Under his direction, the Government began work this year towards reducing the workforce across state-owned companies by 33 per cent.
Word for word from the report in MM TV (English). Open the report
Under his direction, the Government began work this year towards reducing the workforce across state-owned companies by 33 per cent.
Word for word from the report in MM TV (English). Open the report
