Annual state revenue exceeds projection by MVR 1.96 billion

According to the most recent updates from the Ministry of Finance, the state’s cumulative revenue has reached MVR 26.3 billion, as of December 22. With this, the state’s earnings exceeded MVR 1.96 billion from the projected total of MVR 24.3 billion for the current fiscal year.

Meanwhile, state expenditure had reached MVR 36.3 billion by the review date in contrast to the recently readjusted budget of MVR 39.9 billion.