Spending on PSIP projects down by MVR 2 billion

4 days ago

Spending on Public Sector Investment Program (PSIP) projects has gone down by over MVR 2 billion compared to the previous year, according to the latest weekly fiscal development report released by the Financial Ministry. The 60 percent decline in spending on PSIP project comes amid mounting concern lack of developmental projects in the Maldives. The government has allocated a budget of MVR