Finance Minister, Mr Ibrahim Ameer.
Finance Minister, Mr Ibrahim Ameer.
The Finance Ministry submits the estimated budget for the upcoming year to the parliament.

The Finance Ministry has announced that the budget estimated for the state has been submitted to parliament. Further details of the budget will be presented by the Finance Ministry at the next parliament sitting.

The Finance Ministry has said that the estimate of the state budget for next year is at 35 billion Rufiyaa.

Meanwhile, the pandemic has brought in many challenges to the revenue generated for the state. Following this, the Finance Ministry has announced that a budget revision for this year's budget. The parliament has not scheduled the budget revision to be presented at the parliament yet.