{"id":7192,"date":"2023-11-08T18:55:38","date_gmt":"2023-11-08T13:55:38","guid":{"rendered":"https:\/\/mbt.mv\/?p=7192"},"modified":"2023-11-08T18:55:38","modified_gmt":"2023-11-08T13:55:38","slug":"incoming-govt-assures-financial-independency-for-govt-bodies","status":"publish","type":"post","link":"https:\/\/mbt.mv\/?p=7192","title":{"rendered":"Incoming govt assures financial independency for govt bodies"},"content":{"rendered":"<p>President-elect&#8217;s Office has assured financial independency to government bodies under Dr. Mohamed Muizzu&#8217;s administration.<\/p>\n<p>The office earlier said that during its multiple visits to government agencies, it had discovered several discrepancies and areas that require improvement.<\/p>\n<p>During the press conference to provide details of the office&#8217;s findings, the transitional spokesperson Mohamed Firuzul highlighted issues of non-cooperation and lack of communication between government bodies. Firuzul also said the lack of cooperation among state bodies hindered the progress of government&#8217;s regular operations.<\/p>\n<p>He also pointed out to instances of state-owned enterprises (SOEs) challenging government bodies, and attempts to exert control over the agencies.<\/p>\n<p>Firuzul also noted the presence of political influence in government bodies, and said that there have been instances of fund restrictions to discourage state-initiated investigations of specific entities.<\/p>\n<p>&#8220;Government bodies have not been mandated to the legally required extent. Despite detailed mandate, the narrow interpretation of their discretion has hindered the efforts and work of these agencies,&#8221; Firuzul added.<\/p>\n<p>Firuzul highlighted the incoming government&#8217;s vision and objectives to address issues to expel discrepancies from state bodies, and assured improvement of financial independency among them.<\/p>\n<p>&#8220;The president-elect&#8217;s vision is to ensure operational improvement of state bodies by increasing their financial independence,&#8221; Firuzul said.<\/p>\n<p>The next administration is also focused on reducing state&#8217;s recurring costs on rent for government offices, and redirect this expenditure to boost fields related to technical and professional skills.<\/p>\n<p>The office also discovered that some agencies operated in contradiction to their mandates, which would be rectified with legal reform.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>President-elect&#8217;s Office has assured financial independency to government bodies under Dr. Mohamed Muizzu&#8217;s administration. The office earlier said that during its multiple visits to government agencies, it had discovered several discrepancies and areas that require improvement. During the press conference to provide details of the office&#8217;s findings, the transitional spokesperson Mohamed Firuzul highlighted issues of<\/p>\n","protected":false},"author":4,"featured_media":7193,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2424,2428],"tags":[534,1301,1525],"class_list":{"0":"post-7192","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-finance","8":"category-public-sector","9":"tag-dr-mohamed-muizzu","10":"tag-maldives-government","11":"tag-mohamed-firuzul"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.0 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Incoming govt assures financial independency for govt bodies - Maldives Business Times<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/mbt.mv\/?p=7192\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Incoming govt assures financial independency for govt bodies - Maldives Business Times\" \/>\n<meta property=\"og:description\" content=\"President-elect&#8217;s Office has assured financial independency to government bodies under Dr. Mohamed Muizzu&#8217;s administration. 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