Total COVID19 Spending Reaches MVR 892.3 Million

Total COVID19 Spending Reaches MVR 892.3 Million

Tuesday 2nd of June 2020

Total COVID19 Spending Reaches MVR 892.3 Million

At the end of 28 May 2020, the total spending towards COVID-19 efforts stood at MVR 892.3 million, a 2.9 % increase from the week before, according to the Weekly COVID-19 Spending Report by Ministry of Finance.

In terms of week-on-week spending, National Disaster Management Authority (NDMA) and IGMH were the two largest contributors towards COVID-19 efforts. Over half of NDMA’s spending this week was on medical equipment and consumables. Concurrently, IGMH procured medical consumables worth MVR 4.9 million.

https://www.finance.gov.mv/

In whole, Supplies & Requisites for Service Provision (predominantly Medical Consumables) increased by MVR 12.5 million, totaling MVR 447.8 million while Capital Equipment, primarily composed of medical equipment, increased by MVR 7.7 million, reaching a total of MVR 177.2 million. At the end of this period, 53.5% of total spending was committed-spending.

https://www.finance.gov.mv/

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