The President's Office has revealed the administration spent USD298 million on Public Sector Investment Programme (PSIP) so far in 2022. The Spokesperson at the President’s Office Miuvaan Mohamed made the remarks during a press conference that focused on sharing information on projects under the PSIP initiated by the administration.
Speaking at the press conference, Spokesperson Miuvaan highlighted the administration had spent USD298 million on PSIP projects by the end of August and that it accounted for 76% of the total budget allocated for PSIP projects from the state budget. He conveyed statistical updates and detailed the progress of the projects in various developmental stages including the development of essential services such as electricity, water, and supply networks as well as housing projects. He said changes might be made to the timeline of the projects, depending on changes to global prices and the availability of resources but that all projects will resume without halt, adding that no island has been neglected in terms of developmental initiatives.
Furthermore, Spokesperson Miuvaan also shared insight into the notable events of the past week and elaborated on some of the upcoming events. He highlighted President Ibrahim Mohamed Solih’s recent visit to four islands of Haa Alifu Atoll and Haa Dhaalu Atoll, during which he met with the island councils and Women’s Development Committee (WDC) members. He noted that the representatives of the islands expressed their appreciation to the president for bringing development to the islands without bias. He also said, previously, the primary concern of council representatives was the delays in providing essential services but that it was no longer the case as the administration has been adamant about developing infrastructure in the islands.