Budget Summary
Sent to People's Majilis for approval

The government budget summary consists of three tables : a table of the government expenditure , revenue and financing at the broad

heading, a table on funds receipts and disbursements , and a table on the main components of government expenditure and revenue.

Budget Summary
US dollar
Projection
In Maldivian Rufiyaa
2016
2017
2018
2019
2020
Actual
Revised
Budgeted
Budgeted
Budgeted
Government Revenues
Total Revenues & Grants
18,578,063,373
20,814,920,980
22,400,728,222
23,089,665,935
23,886,749,458
Total Revenues
18,324,937,605
20,096,717,478
21,667,029,705
22,203,309,269
23,212,464,165
Revenues of Govt. Offices
18,312,886,024
20,114,658,403
21,754,430,903
22,275,616,256
23,245,396,093
Trust Fund Revenues
169,349,682
147,291,043
124,743,630
127,472,285
130,315,503
(-) Subsidiary Loan Repayment
(157,298,100)
(165,231,968)
(212,144,828)
(199,779,273)
(163,247,432)
Total Grants
253,125,768
718,203,502
733,698,517
886,356,666
674,285,293
Cash Grants
79,936,230
136,216,527
33,358,205
35,093,205
35,508,205
Project Grants
173,189,538
581,986,975
700,340,312
851,263,461
638,777,088
Government Expenditures
Total Expenditure
25,306,509,388
22,228,421,935
24,894,624,007
24,724,705,540
23,511,400,991
Total Budget
26,802,653,623
27,002,541,065
27,966,303,968
27,962,207,993
27,433,598,196
Regular Budget
23,423,828,703
23,760,710,244
24,248,670,940
22,503,573,935
21,392,816,656
Trust Fund Expenditures
156,773,833
162,213,417
99,700,067
100,296,308
95,733,068
Cash Grant Expenditures
61,587,862
53,342,408
25,517,405
25,592,405
25,622,405
Project Grant Expenditures
173,189,538
581,986,975
700,340,312
851,263,461
638,777,088
Project Loan Expenditures
2,987,273,687
2,444,288,021
2,867,826,573
4,458,978,310
5,259,256,162
Political Party Contribution 0.1 %
-
-
24,248,671
22,503,574
21,392,817
Less: Loan Repayments, transfers and Contributions to International FInancial Institutions
(1,496,144,235)
(4,774,119,131)
(3,071,679,961)
(3,237,502,453)
(3,922,197,205)
Loan Repayment
(1,382,382,330)
(4,294,041,230)
(2,183,747,599)
(2,326,669,337)
(2,977,987,990)
Transfer to sovereign development fund
-
(377,000,000)
(855,103,621)
(893,544,242)
(931,878,868)
Contribution to International Financial Institutions
(113,761,905)
(103,077,901)
(32,828,741)
(17,288,874)
(12,330,347)
Budget Balance
Overall Balance (Deficit) / Surplus
(6,728,446,015)
(1,413,500,954)
(2,493,895,785)
(1,635,039,605)
375,348,467
Total Revenues & Grants
18,578,063,373
20,814,920,980
22,400,728,222
23,089,665,935
23,886,749,458
Less: Total Expenditure
25,306,509,388
22,228,421,935
24,894,624,007
24,724,705,540
23,511,400,991
Primary Balance (Deficit) / Surplus
(5,546,156,899)
(147,680,389)
(1,057,373,472)
(124,301,669)
1,980,929,895
Overall Balance (Deficit) / Surplus
(6,728,446,015)
(1,413,500,954)
(2,493,895,785)
(1,635,039,605)
375,348,467
Interest Payment
1,182,289,116
1,265,820,565
1,436,522,313
1,510,737,936
1,605,581,428
Financing
Total Financing
6,728,446,015
1,413,500,954
2,493,895,785
1,635,039,605
(375,348,467)
Project Loan
2,987,273,687
2,444,288,021
2,867,826,573
4,458,978,310
5,259,256,162
Less: Loan Repayment
(1,382,382,330)
(4,294,041,230)
(2,183,747,599)
(2,326,669,337)
(2,977,987,990)
Transfer to sovereign development fund
-
(377,000,000)
(855,103,621)
(893,544,242)
(931,878,868)
From treasury Bills, Loans, Bonds and Other Instruments / (Deposit to fiscal reserve)
5,080,018,462
3,578,100,096
2,485,604,344
213,784,475
(1,875,654,856)
Re-inmbursement of Subsidiary Loans
157,298,100
165,231,968
212,144,828
199,779,273
163,247,432
Less: Contribution to International Financial Institutions
(113,761,905)
(103,077,901)
(32,828,741)
(17,288,874)
(12,330,347)