MVR 22 billion will be added to debt with proposed supplementary budget

Auditor General's Office has said that the proposed supplementary budget will result in adding MVR 22 billion to this year's debt.

In the advice they submitted to the parliament regarding the supplementary budget, the office stated that with the supplementary budget, 40 percent of the total budget will be financed via loans, hence increasing total debt by MVR 22 billion.