Finance minister submits US$32m supplementary budget for 2017
The new spending plans for the last two months of the year include MVR330 million for the Aasandha health insurance scheme and MVR26 million to hold seven parliamentary by-elections.
24 Oct 2017, 9:00 AM
Finance Minister Ahmed Munawar submitted to parliament Tuesday an MVR493 million (US$31.9 million) supplementary budget to approve new spending and revenue plans for the last two months of the year.
Guarded by soldiers as opposition lawmakers continued to protest in the chamber, Munawar said spending is expected to exceed projected levels in the 2017 budget and that “a large portion” of income from new revenue-raising measures would not materialise.
“Honourable MPs, neither you nor I would wish for any disruption to services provided to the Maldivian people,” he said.
The new expenditure includes,
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