Auditor General Urges Budget Cuts to Match Projected Revenue in 2027 Budget
Politics ·
Auditor General Hussein Niyaz has recommended reducing state expenditures to a level that can be covered by the revenue expected in the government budget submitted to the People's Majlis for the year 2027. During today's meeting of the People's Majlis Budget Committee, the Auditor General highlighted concerns over the budget's reliance on ad hoc revenue, noting that the 2027 budget includes an allocation to raise $50 million as ad hoc revenue. Niyaz pointed out that ad hoc income consists of one-off transactions rather than recurrent income, and that without this revenue, the state's recurrent expenditure cannot be fully covered. He also noted that a similar $50 million was allocated in the 2026 budget, but only $48 million was received. He urged that state expenditures be reduced proportionally to match available revenue.