Ministry of Finance has decided to restore the salaries that were cut to fund the fight against the COVID-19 pandemic.
In a circular published today, the Ministry said that it had decided to restore the salaries that were cut after state revenue depleted amid the growing COVID-19 pandemic.
The Ministry had also decided to revise its circulars published on March 18th and May 16th.
The government had cut salaries after it was determined that the state would not generate the MVR 30 billion that was forecasted for the year as a result of the pandemic.
The government is now set to generate an income of MVR 15 billion with finance Ministry now insisting that the state had saved about MVR 15 million after the cost-cutting measures that were applied.
The parliamentary committee on Public Accounts has decreed a 20 percent cut from those who receive salaries between MVR 20,000 and MVR 30,000 and to cut 30 percent from those earning between MVR 30,000 to 60,000.
It also approved a 35 percent cut from those earning more than 60,000 and to cut 30 percent of the salaries earned by MPs.
