Record US$2 billion budget passed for 2019
The record-high budget was passed with changes made during the committee stage.
29 Nov 2018, 9:00 AM
An MVR30.2 billion (US$2 billion) budget for 2019 was unanimously approved by parliament Wednesday night.
The record-high budget was passed with changes made during the committee stage to add MVR452 million to the public sector investment programme, MVR50 million to the higher education ministry’s budget, MVR37 million to the judiciary’s budget, MVR31 million to the People’s Majlis budget, MVR25 million to the foreign ministry’s budget, MVR2 million for the Family Protection Authority, and MVR1 million for former presidents.
The budget submitted for parliamentary approval was MVR29.6 billion.
Along with the additional funds, the review committee also tacked on several non-binding recommendations, including introducing a personal income tax, continuing ongoing domestic airport projects, and conducting an audit of government offices.
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