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Page added on September 16, 2012

Finance Ministry will consider budget increase requests from independent institutions

The finance ministry has today said that it has received requests for budget increases from a number of independent institutions. The ministry did not specify which institutions these were.

Minister of Finance and Treasury Abdulla Jihad has told local media today that the requests for increases will be reviewed by the ministry. He said that increases would be granted after assessing how much need there is for it.

Jihad said that the previous 15 percent deduction from the budgets of all institutions had been made for the sake of bringing down state expenditure, further saying that this could not be done without the support of all stakeholders.

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  • Banned: Isn’t it time for the Bandhu guy to be put to retirement and bring a good CEO to run Maldives airports. Professional management is needed.
  • justicelover: “Around 1900 employees are to receive an amount equivalent to their basic salaries, which comparatively is a very low amount. Their [management]...
  • Mohamed Ahamed: Oh my God, a Russian is a different kind of human being. I studied there and found out that almost all Russian has no moral standards whatsoever....
  • dreadlocks: Maldives boycott the Israel’s product today,but the Israel’s allied countries will boycott the Maldives for a long long time either in tourism...
  • Ahmed: If we are to boycott Israel, we’ll have to close down the Airports, hospitals and phone networks too. And we’re best friends with the US. This is...
  • sheep: I don’t have support either side in this never ending mess but Miss India’s “missile up your…” comment is absolutely classic!
  • Ravin Loony: so what if he is!!!
  • Hero: way forward . I am sure with the help of China and lesion to learn from a fast growing country like China, we will be able to active our goals to become one of...

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Torture victims in the Maldives tell their stories