Addu City Council earns MVR 1.4 million in February 2022

Mayor of Addu City, Ali Nizar seen at a council meeting | Photo: Addu City Council

Addu City, Maldives – Addu City Council on Thursday announced that the council has earned MVR 1.4 million in February 2022.

The monthly financial report released by the city council shows that the council earned MVR 1,416,678 in February, excluding government grants. With the government grants, the city council had a sum of MVR 6,853,519.

The earnings is lower than that of January 2022 which was recorded at MVR 1,576,984.69.

The highest expenditure of Addu City Council was staff salaries, at MVR 4,918,085. A recurrent expenditure of MVR 7,344,609 was recorded by the council while the capital expenditure was at MVR 431,947. Total expenditure was MVR 7,776,556.