On 24th March 2022 the Minister for Economy, Honorable Aiyaz Sayed Khaiyum presented the Government’s Mini Budget for 2021 / 2022. The main emphasis was to mitigate the economic issues arising from the pandemic of the last two years and the rising inflation, which is being experienced worldwide.
The nation has been well awaiting for the 2021/2022 National budget to be announced by The Attorney General and Minister for Economy, Civil Service and Communications, Honorable Aiyaz Sayed Khaiyum as our economy and the people seemed to be on their knees led by the drastic impacts of COVID-19. From individuals to businesses, everyone had been expecting immense support from the government since the closure of borders and halt of Tourism Industry has brought everyone to think about their daily lives in a much different perspective as they have ever thought before. The 2021/2022 National Budget has to be the best budget announced so far with the huge support provided not only for different business sectors but at individual level as well. The policies announced by the Government will definitely ensure that the cost of doing business is greatly reduced and also the cost of living is subsidized to the level best as possible. The 2021/2022 budget has come as a biggest support ever for the nation as a whole.