Delayed measures threaten cost-cutting efforts: Audit Report

The Auditor General's Office reported that it will be challenging to reduce the expected MVR 2.7 billion from the budget due to delays in implementing the expenditure reduction measures outlined in the previous year's Medium-Term Fiscal Strategy Report.

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ިFinance Ministry Office. The Audit Office says it will be difficult to reduce the expenditure. -- Photo - Mihaaru News

Anaan Bushry

2024-09-02 14:12:35

The Auditor General's Office reported that it will be challenging to reduce the expected MVR 2.7 billion from the budget due to delays in implementing the expenditure reduction measures outlined in the previous year's Medium-Term Fiscal Strategy Report.

The report highlights that these measures have not been met because the government has not taken sufficient actions to achieve them, and the developed policies have not prioritized those necessary to meet the targets set in the Fiscal Strategy Report.

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