Maldives 2016 budget – all you need to know
Key facts about the record MVR27.5billion (US$1.7billion) budget passed for 2016.
22 Nov 2015, 9:00 AM
The People’s Majlis will vote tomorrow to pass the 2016 state budget, which currently stands at a record MVR27.5billion (US$1.7billion).
The budget committee is recommending that the budget be passed, without any changes except for an increase of MVR20million (US$1.2million) for the judiciary. The budget is expected to pass since the ruling Progressive Party of the Maldives holds a comfortable majority in the parliament.
The key facts below include comments from Finance Minister Abdulla Jihad, the main opposition Maldivian Democratic Party and human rights groups. The central bank Maldives Monetary Authority has not published its budget opinion yet.
The economy
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