Covid-19 response expenditure reaches MVR 2.72 billion

The government’s total Covid-19 related expenditure has reached MVR 2.72 billion, with MVR 1.32 billion spent on health and social efforts.

According to the Ministry of Finance Weekly Covid-19 Spending report, a total of MVR 1,342.6 million was spent on health and social efforts by December 10. This is a 0.4 percent increase from the previous week, and 43.2 percent of total health and social spending was committed-spending.

While the Ministry of Health had the highest spending within the week, at MVR 8.3 million, the report noted that the majority of their spending was on operational services as well as supplies and requisites for service provision.

National Disaster Management Authority (NDMA) has the highest total expenditure thus far, at MVR 871.7 million. With a total expense of MVR 228.2 million in Covid-19 health and social efforts, the Ministry of Health comes second while state-run Indhira Gandhi Memorial Hospital (IGMH) has spent a total of MVR 85.9 million on Covid-19 response efforts.

Additional Covid-19 health and social spending:

In addition, the total disbursements under Covid-19 Economic Response scheme reached MVR 1.38 billion by December 10.

This is a 0.7 percent increase from the previous week.

Noting that MVR 9.9 million was disbursed for the implementation of the income support allowance scheme during the week, the finance ministry’s report said that there were no additional disbursements to any other economic response schemes within the period.

While MVR 164.3 million out of the total MVR 1,380.6 million disbursed under Covid-19 Economic Response scheme by December 10 was for the income support allowance scheme, MVR 62.8 million was for discount of electricity bills and MVR 1,153.5 million for the Covid-19 recovery loan scheme.