MVR 59.7 billion budget proposed for 2027
The Maldives government proposed a MVR 59.7 billion budget for 2027, focusing on increased development spending despite a lower total figure than 2024. While revenue is expected to rise, a MVR 9.4 billion deficit is projected due to higher expenditures. The state plans to secure MVR 18.9 billion in financing to manage debt and costs.
