President Ibrahim Mohamed Solih led a cabinet session today to discuss the Government’s medium-term fiscal plans and debt strategy, in accordance with the provisions of the Fiscal Responsibility Act (7/2013).

The Ministry of Finance presented a paper outlining their ideas relevant to the Government’s existing medium-term fiscal plans and debt-strategy, during this meeting, which was held online this afternoon. Cabinet discussions pertained to making the necessary amendments to existing plans, in light of the present circumstances.

The Cabinet also discussed the ongoing pandemic, Covid-19, with emphasis on the necessary immediate measures the Government should take to safeguard people from the disease and its impacts.