Maakuandhoo MP Hails 2027 Budget as Robust Plan to Boost Living Standards and Ease Debt
Politics ·
Member Ahmed Shafeeq of the Maakuandhoo constituency in the People's Majlis has praised the proposed 2027 budget as a robust financial plan designed to improve the living standards of citizens. Speaking during the budget debate at today's session of the People's Majlis, Shafeeq said the budget gives special attention to tourism, infrastructure development, and housing while easing the burden of government debt. He also highlighted that the budget prioritizes creating employment opportunities for youth and developing small and medium-sized businesses to strengthen the country's economic base. The member noted that the benefits of these measures will directly reach citizens, improving the quality of life for every citizen. Shafeeq further stated that the budget places great importance on the health and education sectors, with a total of MVR 12.3 billion allocated to these two sectors, accounting for 21 percent of the budget. He said this demonstrates the government's commitment to bringing the country's education sector on par with developed nations worldwide. The member noted that major economic projects will move forward under the budget, including significant initiatives such as the Thilafushi port and other large-scale projects in the Greater Malé area. Although recurrent expenditure stands at 62 percent, Shafeeq described it as a positive and constructive measure because it includes provisions for salary increases and allowances for employees.