Finance Ministry orders government institutions to reduce budgets by 15 percent
29 Jul 2012, 3:06 PM
The Finance Ministry has ordered all government institutions to immediately reduce their budgets by 15 percent, in a circular sent out by Minister Abdulla Jihad.
Independent and government institutions were in early June instructed to reduce their budgets by June 20 and June 15 respectively.
According to Haveeru, only 14 of the 35 government offices met the deadline.
“Even though we have not received any complaints so far, they did express concern over reducing the budgets. Some offices will face difficulties. But we don’t have a choice,” Jihad told the paper.
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