Members
Committee works
Committee meetings
The committee was established at the 2nd sitting of the 20th People's Majlis held on June 3, 2024. The mandate of this committee includes ascertaining whether the expenditures incurred by the agencies of the state are in accordance with provisions of the law and ensuring whether the budgets approved by the parliament are spent for the assigned budget purposes. The committee also scrutinize any expenditure of budget in excess of the authorized amount in order to ascertain the causes of such expenditure. Furthermore, the committee review the financial accounts and audit reports of the state agencies, state-owned companies and enterprises and identify measures which need to be taken and as such notifying the relevant institution of the Government of such measures. In addition, the committee attend the needful and does the necessary role related to majlis to facilitate the Government in obtaining loan facilities or providing State guarantees. Moreover, the committee oversees the work of Maldives Monetary Authority and Auditor General's Office, hence, the committee determines the salaries which are required to be determined by the People’s Majlis via consultation process with other relevant committees, where required.
Jun
04
04 Jun 2024
Jun
03
03 Jun 2024
04 Jun 2024
Financial and Economic situation of the country and management of the debts
Ongoing
04 Jun 2024
Procedure to be followed regarding the issues received to the committee and other matters
Completed
03 Jun 2024
Appointment of the Chair and the Deputy Chair of the committee
Completed
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