MVR 42.6 billion proposed as state budget 2023

Minister of Finance Ibrahim Ameer has proposed a state budget of MVR 42.6 billion for 2023 in keeping with the rising annual pattern.

The proposed budget for 2023 is MVR 42.68 billion and is significantly higher than the state budget approved for 2022. Including the supplementary proposed budget, the total state budget will come up to MVR 42.8 billion.