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The 'Auditor General’s Report on Review of Budget Position Report 2023 and Mid-Term Budget Review 2023 published yesterday has revealed that no financial progress was made on the 672 projects budgeted for 2023, but that MVR 332.86 million was spent on projects which were not budgeted for the year.
The report detailed that projects which did not make any financial progress were all categorised under the Public Sector Investment Programme (PSIP). They were valued at a total of MVR 1,594 million (USD 103.37 million).
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