Govt expenses inch close to approved budget for 2022, hits MVR 25.58 B

The cumulative total of state expenditure hit MVR 25.58 billion as of September 15, 2022.

Featured Image

MIRA is responsible in collecting tax and non tax revenues to the state--

Mohamed Rehan

2022-09-21 21:40:30

The cumulative total of state expenditure hit MVR 25.58 billion as of September 15, 2022.

According to the latest updates from Ministry of Finance, state revenues inclusive of foreign grants reached MVR 19.36 billion by the review date. Owing to higher expenditure compared to revenues earned, the overall balance for the period is a deficit of MVR 6.2 billion.

This article is in our Archive

Login to read for free! Register to create an account