Even if the budget for 2019 is 29 billion Rufiyaa only 23 billion can be used after paying debts: Parliament members

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Even if the budget for 2019 is 29 billion Rufiyaa only 23 billion can be used after paying debts: Parliament members

Parliament members have noted that only 23 billion Rufiyaa can be used from the 2019’s budget even if 29 billion was proposed. That is because 4 billion will be spent to repay external debt. 

 

They did not specify the amount of internal debt however last year it was 1.2 billion and the MPs estimate that it will be more this year.

 

The members noted that due to the increase in debt, it will be challenging to conduct PSIP programs.

Miadhu Online