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Impacts of Covid-19

Maldives estimates Covid-19 combat efforts expenditure to reach MVR 1.6 billion

Finance Minister Ibrahim Ameer revealed this at a press on Friday

އައިޝަތު ޝާނީ
Aishath Shaany, Raajje.mv | 24 އެޕްރީލު 2020 | ހުކުރު 18:24
Finance Minister Ibrahim Ameer

Finance Minister Ibrahim Ameer

The Maldivian government predicts that about MVR 1.6 billion will be used in coronavirus relief efforts.

Finance Minister Ibrahim Ameer revealed this at a press conference held at the National Emergency Operations Center (NEOC) on Friday afternoon.

The minister said that these expenses will mostly be directed in the sectors of health and disaster management in the efforts to control Covid-19 spread, as well as to mitigate and overcome the negative repercussions on the economy.

While a community transmission was detected on April 15, Ameer stressed that this has “also increased expenditure” and that they estimate that about MVR 1.6 billion will be used for Covid-19 relief efforts.

Further, he noted that this could increase depending on how the situation progresses.

Health and disaster management expenditures:

Noting that these are the current estimates, Minister Ameer stated that the expenditure will depend on the spread and control of the spread of the virus.

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