This section consists of the summarized table of government budget. This section summarizes government revenue and expenditure into their broad headings,

and gives their resulting net effect as either deficit or surplus.It also include summarized information on government spending that are not classified as expenditure.

Budget summary
US dollar
In Maldivian Rufiyaa
2018
2019
2018
2019
Revised
Approved
Jan - Jun
Jan - Jun
Summary of Government Finances
Total Revenue & Grants
21,651,277,341
23,339,804,018
10,954,366,408
11,538,875,093
1,854,108,399
1,788,113,234
10,954,366,408
11,538,875,093
1,324,307,286
1,610,420,389
9,100,258,009
9,750,761,860
1,523,203,491
1,751,795,020
7,775,950,723
8,140,341,470
2,004,604,289
1,882,463,899
6,252,747,232
6,388,546,450
1,764,421,977
1,573,864,623
4,248,142,943
4,506,082,551
2,483,720,966
2,932,217,928
2,483,720,966
2,932,217,928
of which: Total Revenue
21,277,860,876
21,986,809,550
10,746,915,606
11,076,723,782
1,827,890,469
1,778,852,057
10,746,915,606
11,076,723,782
1,293,654,198
1,609,749,407
8,919,025,137
9,297,871,725
1,500,252,723
1,742,776,342
7,625,370,940
7,688,122,318
1,958,921,804
1,843,062,379
6,125,118,217
5,945,345,976
1,698,137,103
1,566,220,427
4,166,196,414
4,102,283,596
2,468,059,311
2,536,063,169
2,468,059,311
2,536,063,169
Total Budget
27,138,382,221
30,251,742,542
14,449,769,238
12,295,689,390
2,439,579,041
1,808,426,812
14,449,769,238
12,295,689,390
2,409,456,874
1,927,362,469
12,010,190,197
10,487,262,577
2,413,476,054
2,496,244,693
9,600,733,323
8,559,900,108
2,801,550,776
2,293,349,089
7,187,257,269
6,063,655,415
2,206,201,033
1,999,543,157
4,385,706,493
3,770,306,326
2,179,505,459
1,770,763,169
2,179,505,459
1,770,763,169
Total Expenditure
25,495,834,100
27,342,270,907
12,782,379,439
11,760,276,430
2,272,688,366
1,749,699,705
12,782,379,439
11,760,276,430
2,191,964,618
1,873,863,557
10,509,691,074
10,010,576,725
2,232,109,878
2,396,003,187
8,317,726,455
8,136,713,168
2,441,275,084
2,159,807,135
6,085,616,578
5,740,709,981
1,632,745,337
1,948,429,026
3,644,341,494
3,580,902,846
2,011,596,157
1,632,473,820
2,011,596,157
1,632,473,820
Recurrent
17,984,819,430
18,529,258,055
8,361,041,225
9,096,464,107
1,380,464,060
1,406,398,906
8,361,041,225
9,096,464,107
1,667,858,449
1,572,005,484
6,980,577,165
7,690,065,201
1,366,524,929
1,820,002,693
5,312,718,716
6,118,059,717
1,413,353,809
1,396,263,038
3,946,193,787
4,298,057,023
1,371,542,604
1,703,934,127
2,532,839,978
2,901,793,985
1,161,297,374
1,197,859,858
1,161,297,374
1,197,859,858
Capital
7,511,014,670
8,813,012,852
4,421,338,214
2,663,812,323
892,224,305
343,300,799
4,421,338,214
2,663,812,323
524,106,169
301,858,073
3,529,113,909
2,320,511,525
865,584,949
576,000,494
3,005,007,740
2,018,653,452
1,027,921,275
763,544,097
2,139,422,791
1,442,652,958
261,202,734
244,494,899
1,111,501,516
679,108,860
850,298,782
434,613,962
850,298,782
434,613,962
Primary Balance
(2,404,211,738)
(2,000,929,405)
(1,148,662,591)
386,888,166
(365,294,092)
53,484,633
(1,148,662,591)
386,888,166
(652,764,072)
(109,171,019)
(783,368,499)
333,403,533
(637,874,874)
(471,014,260)
(130,604,427)
442,574,552
(328,463,292)
(188,782,842)
507,270,446
913,588,812
223,500,840
(316,660,831)
835,733,739
1,102,371,654
612,232,899
1,419,032,485
612,232,899
1,419,032,485
Overall Balance
(3,844,556,759)
(4,002,466,889)
(1,828,013,032)
(683,552,648)
(418,579,966)
29,152,352
(1,828,013,032)
(683,552,648)
(867,657,332)
(264,114,150)
(1,409,433,065)
(712,705,000)
(708,906,387)
(653,226,845)
(541,775,733)
(448,590,851)
(436,670,795)
(316,744,756)
167,130,654
204,635,994
131,676,640
(382,208,598)
603,801,449
521,380,751
472,124,809
903,589,349
472,124,809
903,589,349
Memorandum Items:
Loan Repayment, Subscriptions to Multilateral Agencies
1,642,548,121
2,909,471,635
895,550,463
535,412,960
40,462,560
58,727,108
895,550,463
535,412,960
62,940,982
53,498,912
855,087,903
476,685,852
48,236,868
100,241,506
792,146,921
423,186,940
197,683,876
133,541,954
743,910,053
322,945,434
424,763,133
51,114,131
546,226,177
189,403,480
121,463,044
138,289,349
121,463,044
138,289,349
Transfers to Sovereign Development Fund
1,315,260,825
-
771,839,336
570,364,950
126,428,116
54,211,277
771,839,336
570,364,950
154,551,273
69,957,668
645,411,220
516,153,673
133,129,309
66,288,452
490,859,947
446,196,006
162,591,816
134,314,615
357,730,638
379,907,554
148,692,564
124,718,251
195,138,822
245,592,939
46,446,258
120,874,688
46,446,258
120,874,688
Total Revenue to GDP
23.6%
24.4%
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
Total Expenditure to GDP
28.3%
30.3%
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
Primary Balance to GDP
-2.7%
-2.2%
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
Overall Balance to GDP
-4.3%
-4.4%
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
Nominal GDP
90,188,165,703
90,188,165,703
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-



Detailed summary
US dollar
In Maldivian Rufiyaa
2018
2019
2018
2019
Jun
Jun
Jan - Jun
Jan - Jun
TOTAL REVENUES & GRANTS
1,854,108,399
1,788,113,234
10,954,366,408
11,538,875,093
1,854,108,399
1,788,113,234
10,954,366,408
11,538,875,093
1,324,307,286
1,610,420,389
9,100,258,009
9,750,761,860
1,523,203,491
1,751,795,020
7,775,950,723
8,140,341,470
2,004,604,289
1,882,463,899
6,252,747,232
6,388,546,450
1,764,421,977
1,573,864,623
4,248,142,943
4,506,082,551
2,483,720,966
2,932,217,928
2,483,720,966
2,932,217,928
Tax Revenues
1,099,833,137
1,293,426,903
8,141,082,447
8,652,795,388
1,099,833,137
1,293,426,903
8,141,082,447
8,652,795,388
1,073,827,777
1,229,550,635
7,041,249,310
7,359,368,485
1,242,335,478
1,421,702,438
5,967,421,533
6,129,817,851
1,293,400,813
1,295,252,267
4,725,086,054
4,708,115,412
1,361,232,365
1,338,448,071
3,431,685,242
3,412,863,145
2,070,452,877
2,074,415,074
2,070,452,877
2,074,415,074
Non-Tax Revenues
727,200,314
485,129,607
2,669,925,711
2,449,351,302
727,200,314
485,129,607
2,669,925,711
2,449,351,302
221,585,141
380,749,019
1,942,725,397
1,964,221,695
260,618,902
321,587,721
1,721,140,256
1,583,472,676
674,115,926
549,579,107
1,460,521,354
1,261,884,955
340,657,428
227,768,531
786,405,428
712,305,848
445,748,000
484,537,317
445,748,000
484,537,317
Capital Receipts
4,135,448
433,278
14,102,522
8,365,846
4,135,448
433,278
14,102,522
8,365,846
2,863,951
743,624
9,967,074
7,932,568
3,539,252
2,580,650
7,103,123
7,188,944
1,083,897
298,973
3,563,871
4,608,294
437,197
3,231,840
2,479,974
4,309,321
2,042,776
1,077,481
2,042,776
1,077,481
Grants
26,217,931
9,261,177
207,450,802
462,151,311
26,217,931
9,261,177
207,450,802
462,151,311
30,653,088
670,982
181,232,871
452,890,134
22,950,768
9,018,678
150,579,783
452,219,152
45,682,485
39,401,520
127,629,015
443,200,474
66,284,874
7,644,196
81,946,530
403,798,954
15,661,655
396,154,759
15,661,655
396,154,759
(-) Subsidiary Loan Repayment
(3,278,432)
(137,730)
(78,195,075)
(33,788,754)
(3,278,432)
(137,730)
(78,195,075)
(33,788,754)
(4,622,672)
(1,293,871)
(74,916,643)
(33,651,023)
(6,240,910)
(3,094,468)
(70,293,971)
(32,357,153)
(9,678,831)
(2,067,968)
(64,053,061)
(29,262,685)
(4,189,888)
(3,228,015)
(54,374,230)
(27,194,718)
(50,184,342)
(23,966,703)
(50,184,342)
(23,966,703)
TOTAL BUDGET
2,439,579,041
1,808,426,812
14,449,769,238
12,295,689,390
2,439,579,041
1,808,426,812
14,449,769,238
12,295,689,390
2,409,456,874
1,927,362,469
12,010,190,197
10,487,262,577
2,413,476,054
2,496,244,693
9,600,733,323
8,559,900,108
2,801,550,776
2,293,349,089
7,187,257,269
6,063,655,415
2,206,201,033
1,999,543,157
4,385,706,493
3,770,306,326
2,179,505,459
1,770,763,169
2,179,505,459
1,770,763,169
TOTAL EXPENDITURE (C+D)
2,272,688,366
1,749,699,705
12,782,379,439
11,760,276,430
2,272,688,366
1,749,699,705
12,782,379,439
11,760,276,430
2,191,964,618
1,873,863,557
10,509,691,074
10,010,576,725
2,232,109,878
2,396,003,187
8,317,726,455
8,136,713,168
2,441,275,084
2,159,807,135
6,085,616,578
5,740,709,981
1,632,745,337
1,948,429,026
3,644,341,494
3,580,902,846
2,011,596,157
1,632,473,820
2,011,596,157
1,632,473,820
RECURRENT EXPENDITURE
1,380,464,060
1,406,398,906
8,361,041,225
9,096,464,107
1,380,464,060
1,406,398,906
8,361,041,225
9,096,464,107
1,667,858,449
1,572,005,484
6,980,577,165
7,690,065,201
1,366,524,929
1,820,002,693
5,312,718,716
6,118,059,717
1,413,353,809
1,396,263,038
3,946,193,787
4,298,057,023
1,371,542,604
1,703,934,127
2,532,839,978
2,901,793,985
1,161,297,374
1,197,859,858
1,161,297,374
1,197,859,858
Salaries, Wages & Pensions
762,617,413
836,069,914
762,617,413
4,893,512,135
762,617,413
836,069,914
4,558,777,425
4,893,512,135
866,557,707
804,720,228
3,796,160,012
4,057,442,221
739,092,350
900,825,088
2,929,602,305
3,252,721,992
760,491,483
784,933,616
2,190,509,955
2,351,896,904
715,559,713
795,500,729
1,430,018,472
1,566,963,288
714,458,760
771,462,559
714,458,760
771,462,559
Administrative & Operational Expenses
569,562,099
570,303,158
569,562,099
3,865,158,158
569,562,099
570,303,158
3,744,930,728
3,865,158,158
798,559,168
766,310,222
3,175,368,630
3,294,855,000
622,893,060
884,762,612
2,376,809,462
2,528,544,778
651,752,098
585,755,569
1,753,916,401
1,643,782,166
655,484,192
631,941,033
1,102,164,304
1,058,026,597
446,680,112
426,085,565
446,680,112
426,085,565
Losses & Write-offs
48,284,549
25,834
48,284,549
337,793,814
48,284,549
25,834
57,333,072
337,793,814
2,741,574
975,033
9,048,523
337,767,980
4,539,519
34,414,994
6,306,949
336,792,947
1,110,228
25,573,853
1,767,430
302,377,953
498,699
276,492,365
657,202
276,804,100
158,502
311,735
158,502
311,735
CAPITAL EXPENDITURE
892,224,305
343,300,799
4,421,338,214
2,663,812,323
892,224,305
343,300,799
4,421,338,214
2,663,812,323
524,106,169
301,858,073
3,529,113,909
2,320,511,525
865,584,949
576,000,494
3,005,007,740
2,018,653,452
1,027,921,275
763,544,097
2,139,422,791
1,442,652,958
261,202,734
244,494,899
1,111,501,516
679,108,860
850,298,782
434,613,962
850,298,782
434,613,962
Capital Equipments
47,335,882
34,616,079
47,335,882
180,927,874
47,335,882
34,616,079
170,483,372
180,927,874
38,098,634
38,601,035
123,147,490
146,311,795
10,503,668
27,361,397
85,048,856
107,710,760
3,777,033
40,897,292
74,545,188
80,349,364
8,771,782
13,178,781
70,768,155
39,452,072
61,996,374
26,273,291
61,996,374
26,273,291
Public Sector Investment Program
829,704,540
167,558,660
829,704,540
1,450,217,053
829,704,540
167,558,660
3,734,362,209
1,450,217,053
376,330,598
168,978,750
2,904,657,669
1,282,658,393
718,083,301
185,691,452
2,528,327,071
1,113,679,643
900,094,949
498,359,012
1,810,243,770
927,988,191
170,634,299
100,723,252
910,148,821
429,629,179
739,514,522
328,905,927
739,514,522
328,905,927
Development Projects & Investment Outlays
238,242
111,739
238,242
3,569,057
238,242
111,739
298,937,060
3,569,057
53,723,737
15,793
298,698,818
3,457,319
114,997,980
836,728
244,975,081
3,441,526
48,644,560
1,027,053
129,977,100
2,604,798
41,796,653
650,449
81,332,540
1,577,744
39,535,887
927,296
39,535,887
927,296
Lendings
14,945,641
95,793,112
14,945,641
460,841,205
14,945,641
95,793,112
217,555,574
460,841,205
55,953,200
33,397,169
202,609,933
365,048,093
22,000,000
271,745,693
146,656,733
331,650,925
75,404,733
-
124,656,733
59,905,232
40,000,000
30,000,000
49,252,000
59,905,232
9,252,000
29,905,232
9,252,000
29,905,232
Budget Contingency
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
PRIMARY BALANCE - SURPLUS / (DEFICIT) (F+G)
(365,294,092)
53,484,633
(1,148,662,591)
386,888,166
(365,294,092)
53,484,633
(1,148,662,591)
386,888,166
(652,764,072)
(109,171,019)
(783,368,499)
333,403,533
(637,874,874)
(471,014,260)
(130,604,427)
442,574,552
(328,463,292)
(188,782,842)
507,270,446
913,588,812
223,500,840
(316,660,831)
835,733,739
1,102,371,654
612,232,899
1,419,032,485
612,232,899
1,419,032,485
OVERALL BALANCE - SURPLUS / (DEFICIT) (A-B)
(418,579,966)
29,152,352
(1,828,013,032)
(683,552,648)
(418,579,966)
29,152,352
(1,828,013,032)
(683,552,648)
(867,657,332)
(264,114,150)
(1,409,433,065)
(712,705,000)
(708,906,387)
(653,226,845)
(541,775,733)
(448,590,851)
(436,670,795)
(316,744,756)
167,130,654
204,635,994
131,676,640
(382,208,598)
603,801,449
521,380,751
472,124,809
903,589,349
472,124,809
903,589,349
Financing & Interest Costs
53,285,875
15,071,104
679,350,440
608,289,503
53,285,875
15,071,104
679,350,440
608,289,503
214,893,260
154,272,149
626,064,566
593,218,399
71,031,513
173,193,907
411,171,306
438,946,250
108,207,503
88,560,394
340,139,792
265,752,343
91,824,200
57,903,571
231,932,289
177,191,949
140,108,089
119,288,377
140,108,089
119,288,377
Memorandum Items:
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
Loan Repayment
40,462,560
56,409,297
888,593,092
528,591,254
40,462,560
56,409,297
888,593,092
528,591,254
62,940,982
53,498,912
848,130,532
472,181,957
41,279,497
100,241,506
785,189,550
418,683,044
197,683,876
129,230,433
743,910,053
318,441,538
424,763,133
51,114,131
546,226,177
189,211,105
121,463,044
138,096,974
121,463,044
138,096,974
Subscription to Multilateral Agencies
-
2,317,810
6,957,371
6,821,706
-
2,317,810
6,957,371
6,821,706
-
-
6,957,371
4,503,895
6,957,371
-
6,957,371
4,503,895
-
4,311,520
-
4,503,895
-
-
-
192,375
-
192,375
-
192,375
Transfers to Sovereign Development Fund
126,428,116
54,211,277
771,839,336
570,364,950
126,428,116
54,211,277
771,839,336
570,364,950
154,551,273
69,957,668
645,411,220
516,153,673
133,129,309
66,288,452
490,859,947
446,196,006
162,591,816
134,314,615
357,730,638
379,907,554
148,692,564
124,718,251
195,138,822
245,592,939
46,446,258
120,874,688
46,446,258
120,874,688