Finance Minister Hassan Zareer has stated that an additional MVR 1.5 billion will be spent by the end of this year to complete projects that are already under way.

Speaking at today's meeting of the Budget Committee, which is reviewing the state budget proposed for 2027 and submitted to the People's Majlis, the Minister responded to concerns raised by some members over the lack of progress on island development projects. He said MVR 5.3 billion had been spent on projects as of the end of October. He added that a further MVR 1.5 billion will be spent in the last two months of this year, bringing the total to MVR 6.8 billion by the end of the year.

The Minister further said that special priority will also be given to completing projects in next year's budget.

He said the government's main focus at present is on completing projects, and that attention will be given to completing projects quickly during the remainder of this year as well.