Parliamentarian Ali Niyaz has said the projects earmarked in the state budget can be continued by submitting a supplementary budget to the parliament.
Dismissing comments made by the opposition regarding the supplementary budget to be submitted to parliament by the government, Parliamentarian Ali Niyaz revealed Maldives is not facing a budget deficiency. He said over the past few months many foreign countries have granted financial assistance, adding the government wishes to include such finances in the budget. He ambitiously spoke the pledges for the year can be achieved with the aforementioned finances.
Noting while USD 451 million is allocated for Public Sector Investment Programmes (PSIP) in the state budget, only USD 96 million was utilised so far, Niyaz added the remaining amount is also reserved for the projects earmarked by the government.
Meanwhile, Minister of Finance also said a supplementary budget would bring necessary administrative changes to the budget.
The parliament approved a USD 1,949 billion budget for 2019.