News

USD 222 million spent on COVID-19 relief efforts in the Maldives

Ministry of Finance has revealsed USD 222 million has been spent for COVID-19 relief efforts in the Maldives as of June 7.

The weekly COVID-19 spending report publicised by the finance ministry revealed the total expenditure for COVID-19 health and social efforts stood at USD 111 million, which is a 0.1% increase from the week before. In the report, the ministry also revealed the total disbursements made to the economic response spending schemes stood at USD 111 million, which remains unchanged from the week before.

The government introduced economic response spending schemes to financially assist citizens, households, and businesses struggling due to the COVID-19 pandemic. As part of the economic response spending, the government spent USD 75 million on the COVID-19 recovery loan scheme, USD 27 million on income support allowance, and USD 9.3 million on discounts on electricity and water bills.

Furthermore, National Disaster Management Authority (NDMA) received the most funding with USD 56 million, while the Ministry of Health received USD 32 million, and Indira Gandhi Memorial Hospital (IGMH) received USD 9.4 million.

The report also shows the government spent 32 million US dollars on supplies and requisites for service provision services, which includes medical equipment such as testing kits and personal protective equipment (PPE).