Population consolidation, rightsizing public sector essential to address budget deficit: Auditor General
25 Dec 2012, 5:51 PM
A policy of population consolidation together with effective measures to reduce the public sector wage bill is necessary to address continuing budget deficits, the Auditor General has advised parliament.
The recommendations were made in a report (Dhivehi) submitted to parliament with the Auditor General’s professional opinion on the proposed state budget for 2013.
Auditor General Niyaz Ibrahim observed that of the estimated MVR 12 billion (US$778 million) of recurrent expenditure, MVR 7 billion (US$453.9 million) would be spent on employees, including MVR 743 million (US$48 million) as pension payments.
Consequently, 59 percent of recurrent expenditure and 42 percent of the total budget would be spent on state employees.
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