Revenue and expenditure for 2019
September 2019

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.

Summary
US dollar
In Maldivian Rufiyaa
2018
2019
September
September
Summary of Government Finances
Total Revenue & Grants
2,483,720,966
1,734,864,489
1,566,390,683
1,734,864,489
1,518,350,364
1,344,227,861
2,608,520,423
3,090,592,816
1,854,108,399
1,796,356,563
1,324,307,286
1,618,561,043
1,523,203,491
1,949,186,349
2,004,604,289
1,882,522,899
1,764,421,977
1,573,957,061
2,483,720,966
2,932,217,927
of which: Total Revenue
21,277,860,876
21,986,809,550
1,551,231,355
1,711,593,808
1,503,299,609
1,302,771,985
2,584,542,479
2,589,328,995
1,827,890,469
1,780,881,494
1,293,654,198
1,610,451,657
1,500,252,723
1,940,167,671
1,958,921,804
1,843,121,379
1,698,137,103
1,566,312,865
2,468,059,311
2,536,063,168
Total Budget
2,179,505,459
2,698,471,035
2,356,018,439
2,698,471,035
2,145,335,308
1,869,438,941
2,438,475,766
2,326,524,786
2,439,579,041
2,345,262,383
2,409,456,874
1,966,806,234
2,413,476,054
2,499,599,429
2,801,550,776
2,293,314,713
2,206,201,033
1,999,362,269
2,179,505,459
1,770,685,169
Total Expenditure
2,011,596,157
2,541,102,741
2,019,625,150
2,541,102,741
1,981,858,090
1,823,920,746
2,142,860,881
2,178,026,184
2,272,688,366
2,286,602,380
2,191,964,618
1,913,382,322
2,232,109,878
2,399,432,922
2,441,275,084
2,159,847,759
1,632,745,337
1,948,428,958
2,011,596,157
1,632,470,820
Recurrent
17,984,819,430
18,529,258,055
1,515,462,748
2,104,994,246
1,516,913,235
1,408,552,447
1,538,543,124
1,833,899,196
1,380,464,060
1,433,133,093
1,667,858,449
1,581,075,815
1,366,524,929
1,820,165,764
1,413,353,809
1,396,296,242
1,371,542,604
1,703,934,059
1,161,297,374
1,197,856,858
Capital
7,511,014,670
8,813,012,852
504,162,402
436,108,495
464,944,855
415,368,299
604,317,757
344,126,988
892,224,305
853,469,287
524,106,169
332,306,507
865,584,949
579,267,159
1,027,921,275
763,551,517
261,202,734
244,494,899
850,298,782
434,613,962
Primary Balance
612,232,899
(736,426,157)
(355,997,202)
(736,426,157)
(350,956,612)
(445,368,485)
562,714,455
991,925,892
(365,294,092)
(475,174,598)
(652,764,072)
(137,251,324)
(637,874,874)
(277,052,667)
(328,463,292)
(188,764,466)
223,500,840
(316,568,326)
612,232,899
1,419,035,484
Overall Balance
472,124,809
(806,238,252)
(453,234,467)
(806,238,252)
(463,507,726)
(479,692,885)
465,659,543
912,566,632
(418,579,966)
(490,245,817)
(867,657,332)
(294,821,279)
(708,906,387)
(450,246,574)
(436,670,795)
(277,324,860)
131,676,640
(374,471,897)
472,124,809
1,299,747,107
Memorandum Items:
Loan Repayment, Subscriptions to Multilateral Agencies
121,463,044
157,368,295
197,216,272
157,368,295
34,483,970
45,518,195
175,050,502
148,498,603
40,462,560
58,660,002
62,940,982
53,423,912
48,236,868
100,166,506
197,683,876
133,466,954
424,763,133
50,933,311
121,463,044
138,214,349
Transfers to Sovereign Development Fund
46,446,258
-
139,177,017
-
128,993,248
55,140,867
120,564,383
47,112,425
126,428,116
54,211,277
154,551,273
69,957,668
133,129,309
129,816,452
162,591,816
134,314,615
148,692,564
124,718,251
46,446,258
120,874,688
Total Revenue to GDP
-
0
-
0
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
Total Expenditure to GDP
-
0
-
0
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
Primary Balance to GDP
-
(0)
-
(0)
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
Overall Balance to GDP
-
(0)
-
(0)
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
Nominal GDP
-
90,188,165,703
-
90,188,165,703
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-



Budget details
US dollar
In Maldivian Rufiyaa
2018
2019
September
September
TOTAL REVENUES & GRANTS
1,566,390,683
1,734,864,489
1,566,390,683
1,734,864,489
1,518,350,364
1,344,227,861
2,608,520,423
3,090,592,816
1,854,108,399
1,796,356,563
1,324,307,286
1,618,561,043
1,523,203,491
1,949,186,349
2,004,604,289
1,882,522,899
1,764,421,977
1,573,957,061
2,483,720,966
2,932,217,927
Tax Revenues
950,446,883
1,040,565,073
950,446,883
1,040,565,073
1,203,635,108
1,117,810,284
2,116,935,128
2,200,482,530
1,099,833,137
1,293,263,857
1,073,827,777
1,229,551,176
1,242,335,478
1,421,665,758
1,293,400,813
1,295,252,267
1,361,232,365
1,338,448,071
2,070,452,877
2,074,414,672
Non-Tax Revenues
595,278,174
671,329,358
595,278,174
671,329,358
292,336,407
192,660,143
473,387,353
397,172,509
727,200,314
488,777,180
221,585,141
384,660,448
260,618,902
519,015,730
674,115,926
549,638,107
340,657,428
227,860,969
445,748,000
484,537,718
Capital Receipts
6,421,817
878,267
6,421,817
878,267
7,987,384
1,512,748
3,844,457
5,258,295
4,135,448
433,278
2,863,951
743,624
3,539,252
2,580,650
1,083,897
298,973
437,197
3,231,840
2,042,776
1,077,481
Grants
15,159,328
23,270,680
15,159,328
23,270,680
15,050,755
41,455,876
23,977,944
501,263,821
26,217,931
15,475,069
30,653,088
8,109,386
22,950,768
9,018,678
45,682,485
39,401,520
66,284,874
7,644,196
15,661,655
396,154,759
(-) Subsidiary Loan Repayment
(915,520)
(1,178,890)
(915,520)
(1,178,890)
(659,291)
(9,211,190)
(9,624,459)
(13,584,340)
(3,278,432)
(1,592,820)
(4,622,672)
(4,503,591)
(6,240,910)
(3,094,468)
(9,678,831)
(2,067,968)
(4,189,888)
(3,228,015)
(50,184,342)
(23,966,703)
TOTAL BUDGET
2,356,018,439
2,698,471,035
2,356,018,439
2,698,471,035
2,145,335,308
1,869,438,941
2,438,475,766
2,326,524,786
2,439,579,041
2,345,262,383
2,409,456,874
1,966,806,234
2,413,476,054
2,499,599,429
2,801,550,776
2,293,314,713
2,206,201,033
1,999,362,269
2,179,505,459
1,770,685,169
TOTAL EXPENDITURE (C+D)
2,019,625,150
2,541,102,741
2,019,625,150
2,541,102,741
1,981,858,090
1,823,920,746
2,142,860,881
2,178,026,184
2,272,688,366
2,286,602,380
2,191,964,618
1,913,382,322
2,232,109,878
2,399,432,922
2,441,275,084
2,159,847,759
1,632,745,337
1,948,428,958
2,011,596,157
1,632,470,820
RECURRENT EXPENDITURE
1,515,462,748
2,104,994,246
1,515,462,748
2,104,994,246
1,516,913,235
1,408,552,447
1,538,543,124
1,833,899,196
1,380,464,060
1,433,133,093
1,667,858,449
1,581,075,815
1,366,524,929
1,820,165,764
1,413,353,809
1,396,296,242
1,371,542,604
1,703,934,059
1,161,297,374
1,197,856,858
Salaries, Wages & Pensions
784,346,578
843,813,484
784,346,578
843,813,484
762,705,449
814,620,058
778,030,400
823,274,834
762,617,413
837,748,586
866,557,707
806,908,819
739,092,350
900,763,218
760,491,483
784,933,616
715,559,713
795,500,729
714,458,760
771,462,559
Administrative & Operational Expenses
714,830,850
824,306,327
714,830,850
824,306,327
731,336,577
589,989,545
743,947,750
779,040,158
569,562,099
595,358,673
798,559,168
773,191,963
622,893,060
884,987,552
651,752,098
585,788,774
655,484,192
631,940,965
446,680,112
426,082,565
Losses & Write-offs
16,285,320
436,874,435
16,285,320
436,874,435
22,871,209
3,942,844
16,564,974
231,584,203
48,284,549
25,834
2,741,574
975,033
4,539,519
34,414,994
1,110,228
25,573,853
498,699
276,492,365
158,502
311,735
CAPITAL EXPENDITURE
504,162,402
436,108,495
504,162,402
436,108,495
464,944,855
415,368,299
604,317,757
344,126,988
892,224,305
853,469,287
524,106,169
332,306,507
865,584,949
579,267,159
1,027,921,275
763,551,517
261,202,734
244,494,899
850,298,782
434,613,962
Capital Equipments
50,640,881
34,922,722
50,640,881
34,922,722
32,706,652
29,079,990
25,426,392
40,669,739
47,335,882
37,751,589
38,098,634
39,542,738
10,503,668
27,363,723
3,777,033
40,904,712
8,771,782
13,178,781
61,996,374
26,273,291
Public Sector Investment Program
325,668,178
299,514,154
325,668,178
299,514,154
343,956,306
213,893,690
532,920,535
179,240,228
829,704,540
673,936,390
376,330,598
196,478,151
718,083,301
188,955,790
900,094,949
498,359,012
170,634,299
100,723,252
739,514,522
328,905,927
Development Projects & Investment Outlays
55,796,729
73,692,139
55,796,729
73,692,139
15,700,698
141,791,982
45,970,830
86,752,058
238,242
45,988,197
53,723,737
62,888,449
114,997,980
91,201,952
48,644,560
224,287,793
41,796,653
100,592,866
39,535,887
49,529,512
Lendings
72,056,614
27,979,480
72,056,614
27,979,480
72,581,199
30,602,637
-
37,464,962
14,945,641
95,793,112
55,953,200
33,397,169
22,000,000
271,745,693
75,404,733
-
40,000,000
30,000,000
9,252,000
29,905,232
Budget Contingency
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
PRIMARY BALANCE - SURPLUS / (DEFICIT) (F+G)
(355,997,202)
(736,426,157)
(355,997,202)
(736,426,157)
(350,956,612)
(445,368,485)
562,714,455
991,925,892
(365,294,092)
(475,174,598)
(652,764,072)
(137,251,324)
(637,874,874)
(277,052,667)
(328,463,292)
(188,764,466)
223,500,840
(316,568,326)
612,232,899
1,419,035,484
OVERALL BALANCE - SURPLUS / (DEFICIT) (A-B)
(453,234,467)
(806,238,252)
(453,234,467)
(806,238,252)
(463,507,726)
(479,692,885)
465,659,543
912,566,632
(418,579,966)
(490,245,817)
(867,657,332)
(294,821,279)
(708,906,387)
(450,246,574)
(436,670,795)
(277,324,860)
131,676,640
(374,471,897)
472,124,809
1,299,747,107
Financing & Interest Costs
97,237,265
69,812,095
97,237,265
69,812,095
112,551,114
34,324,401
97,054,912
79,359,260
53,285,875
15,071,220
214,893,260
157,569,955
71,031,513
173,193,907
108,207,503
88,560,394
91,824,200
57,903,571
140,108,089
119,288,377
Memorandum Items:
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
Loan Repayment
197,216,272
157,368,295
197,216,272
157,368,295
34,483,970
45,518,195
173,887,064
148,498,603
40,462,560
56,342,192
62,940,982
53,423,912
41,279,497
100,166,506
197,683,876
129,155,433
424,763,133
50,933,311
121,463,044
138,021,974
Subscription to Multilateral Agencies
-
-
-
-
-
-
1,163,438
-
-
2,317,810
-
-
6,957,371
-
-
4,311,520
-
-
-
192,375
Transfers to Sovereign Development Fund
139,177,017
-
139,177,017
-
128,993,248
55,140,867
120,564,383
47,112,425
126,428,116
54,211,277
154,551,273
69,957,668
133,129,309
129,816,452
162,591,816
134,314,615
148,692,564
124,718,251
46,446,258
120,874,688