Summary
In this meeting, the committee discussed loans and sovereign guarantee details till the end of second quarter of this year by Ministry of Finance. Dhiggaru Constituency member Ahmed Nazim proposed to obtain details regarding the loans given to individuals, SIFCO and POLCO mentioned in the loan statement. Eydhafushi Constituency member Ahmed Saleem seconded this proposal.
The voting details are below.
Vote: To obtain details regarding the loans given to individuals, SIFCO and POLCO mentioned in the loan statement.
Total number of members: 11
Number of members present: 9
Voted Yes: 8
Voted Against: 0
Abstain: 0
Eligible to vote: 8
Required to Pass: 5
Result: Passed
Hence, the committee decided to obtain details regarding the loans given to individuals, SIFCO and POLCO mentioned in the loan statement.
Following this issue, Baarashu Constituency member Ibrahim Shujau proposed to continue the rest of the meeting as a confidential discussion as the Medium-Term Fiscal Strategy Report and Medium-Term Debt Strategy Report received from Ministry of Finance along with the letter received from Aasandha regarding ADK pending payment issue were received as confidential documents.
Eydhafushi Constituency member Ahmed Saleem seconded this proposal.
The voting details are below.
Vote: To continue the rest of the meeting as a confidential discussion.
Total number of members: 11
Number of members present: 9
Voted Yes: 5
Voted Against: 3
Abstain: 0
Eligible to vote: 8
Required to Pass: 5
Result: Passed
Hence, the committee decided to continue the rest of the meeting as a confidential discussion.
In addition to the issues scheduled for today’s meeting, the committee decided to extend the deadline to review Sovereign Development Fund Bill, Fiscal Responsibility Bill and State Debt Bill to 13th August 2024, Tuesday.
Attendance
Dr. Ahmed Shamheed
South Hulhumale'
Present
Ibrahim Shujau
Baarashu
Present
Abdulla Shareef
Kelaa
Present
Abdul Gafoor Moosa
Hanimaadhoo
Present
Mohamed Mamdooh
Funadhoo
Present
Ahmed Saleem
Eydhafushi
Present
Ahmed Azaan Marzooq
Central Hithadhoo
Present
Qasim Ibrahim
Maamigili
Present
Ahmed Nazim
Dhiggaru
Present
Hamad Abdulla
North Fuvahmulah
Present
Asadhulla Shihab
Gemanafushi
Simultaneous Committee
Votes
Vote Details
Qasim Ibrahim
Maamigili
Dr. Ahmed Shamheed
South Hulhumale'
Ibrahim Shujau
Baarashu
Abdulla Shareef
Kelaa
Abdul Gafoor Moosa
Hanimaadhoo
Mohamed Mamdooh
Funadhoo
Ahmed Saleem
Eydhafushi
Ahmed Azaan Marzooq
Central Hithadhoo
Ahmed Nazim
Dhiggaru
Hamad Abdulla
North Fuvahmulah
Asadhulla Shihab
Gemanafushi
Vote Details
Qasim Ibrahim
Maamigili
Dr. Ahmed Shamheed
South Hulhumale'
Ibrahim Shujau
Baarashu
Abdulla Shareef
Kelaa
Abdul Gafoor Moosa
Hanimaadhoo
Mohamed Mamdooh
Funadhoo
Ahmed Saleem
Eydhafushi
Ahmed Azaan Marzooq
Central Hithadhoo
Ahmed Nazim
Dhiggaru
Hamad Abdulla
North Fuvahmulah
Asadhulla Shihab
Gemanafushi
Works
05 Aug 2024
Medium Term Fiscal Strategy Statement and Debt Strategy Statement 2025-2027
Completed
31 Jul 2024
Quarterly Debt Bulletin - second quarter of 2024
Completed
03 Jul 2024
State Debt Bill
Completed
03 Jul 2024
Fiscal Resposibility Bill
Completed
25 Jun 2024
Sovereign Development Fund Bill
Ongoing
Attendance Summary
-
Present10
-
Absent00
-
Simultaneous Committee01
-
Sick Leave00
-
Leave00
-
Official00
-
Attendance Not Required00
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