Student loan spending falls by MVR 132M

3 weeks ago

Government spending on student loans has dropped sharply this year, with expenditure down MVR 132.9 million compared to the same period last year.   The state budget allocated MVR 768 million for student loans in 2025. However, according to the Finance Ministry’s Weekly Fiscal Development Report, only MVR 491.6 million had been disbursed as of November 13. By contrast, MVR 624.5 million