While proposing a supplementary budget of MVR 5.1 billion in parliament, Zameer noted that salaries for political appointees represent just one percent of the overall state budget.
Salaries of political appointees account for less than four percent of the total expenditure, Finance Minister Moosa Zameer stated today.
While proposing a supplementary budget of MVR 5.1 billion in parliament, Zameer noted that salaries for political appointees represent just one percent of the overall state budget.
This means the annual cost for political appointees will be approximately MVR 120 million, averaging about MVR 10 million per month.
According to information received through Right to Information request by Mihaaru News by various government agencies, the number of political employees is currently more than 1,200.
Minister Zameer emphasized that important measures will be implemented to ensure the sustainability of the state's fiscal expenditure.
President Muizzu has also decided to implement a 10 percent salary deduction for all state leaders and political appointees. This includes the leadership of state-owned enterprises, Members of Parliament, and judges. The pay cut will be in effect for a period of two years.
In addition, the President has decided to forgo 50 percent of his own salary. According to the country's laws, the salary of a sitting president should be MVR 100,000. However, President Muizzu will now receive MVR 50,000 each month.
"Spending on political appointee wages constitutes less than four percent of the government's overall salary and allowances framework, accounting for just one percent of the total state expenditure.
Zameer stated that the government is implementing measures to strengthen the management of state owned companies, reduce their dependence on the government, restructure their operations, and identify those companies that may need to be liquidated.
"PSIP pipeline has been restructured to align with the state's financial capacity, and steps have also been taken to decrease the government's operating costs. We are also undertaking strategies to curtail expenditures on areas such as transportation and ceremonial events," he said.
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