Budget 2020Summary
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
In Maldivian Rufiyaa
2020
Revised
Budgeted
Government Revenues
Total Revenues & Grants
22,222,967,435
24,070,242,825
29,675,249,285
31,154,613,430
29,921,571,629
Total Revenues
21,389,394,874
21,944,389,049
27,516,016,627
29,004,926,598
24,692,988,743
Revenues of Govt. Offices
21,333,795,755
21,161,337,260
26,641,435,776
28,107,034,289
23,802,034,044
Trust Fund Revenues
169,491,217
1,010,371,836
1,209,464,712
1,305,781,844
1,122,238,761
(-) Subsidiary Loan Repayment
(113,892,098)
(227,320,047)
(334,883,861)
(407,889,535)
(231,284,062)
Total Grants
833,572,561
2,125,853,776
2,159,232,658
2,149,686,832
5,228,582,886
Cash Grants
465,426,069
1,647,990,337
1,627,345,000
1,558,180,000
4,719,030,000
Project Grants
368,146,492
477,863,439
531,887,658
591,506,832
509,552,886
Government Expenditures
Total Expenditure
26,522,842,831
29,062,578,798
39,273,953,708
36,334,318,482
35,599,549,834
Total Budget
28,165,331,601
30,459,828,300
42,312,919,404
42,519,120,958
37,504,493,680
Regular Budget
23,332,167,304
26,461,722,364
35,752,825,547
36,668,406,467
33,060,987,701
Trust Fund Expenditures
210,907,382
1,029,234,737
1,516,371,542
618,570,974
930,565,316
Cash Grant Expenditures
21,601,106
37,911,592
13,509,899
13,410,899
16,608,099
Project Grant Expenditures
326,265,115
425,774,082
550,576,737
604,917,253
578,099,119
Loan Expenditures
4,274,390,694
2,505,185,525
4,443,882,853
4,577,146,959
2,885,172,457
Political Party Contribution 0.1 %
-
-
35,752,826
36,668,406
33,060,988
Less: Loan Repayments and Contributions to International FInancial Institutions
(1,642,488,770)
(1,397,249,502)
(3,038,965,696)
(6,184,802,476)
(1,904,943,846)
Loan Repayment (Domestic)
(525,974,349)
(380,071,818)
(1,217,871,572)
(485,509,081)
(750,147,994)
Loan Repayment (Foreign)
(1,106,247,627)
(995,557,000)
(1,799,821,272)
(5,678,020,543)
(1,133,523,000)
Contribution to International Financial Institutions
(10,266,794)
(21,620,684)
(21,272,852)
(21,272,852)
(21,272,852)
Budget Balance
Overall Balance (Deficit) / Surplus
(4,299,875,396)
(4,992,335,973)
(9,598,704,423)
(5,179,705,052)
(5,677,978,205)
Total Revenues & Grants
22,222,967,435
24,070,242,825
29,675,249,285
31,154,613,430
29,921,571,629
Less: Total Expenditure
26,522,842,831
29,062,578,798
39,273,953,708
36,334,318,482
35,599,549,834
Primary Balance (Deficit) / Surplus
(2,859,618,469)
(3,345,521,589)
(7,466,027,098)
(3,010,486,413)
(3,834,236,483)
Overall Balance (Deficit) / Surplus
(4,299,875,396)
(4,992,335,973)
(9,598,704,423)
(5,179,705,052)
(5,677,978,205)
Interest Payment
1,440,256,927
1,646,814,384
2,132,677,325
2,169,218,639
1,843,741,722
Financing
Total Financing
4,299,875,396
4,992,335,973
9,598,704,423
5,179,705,052
5,677,978,205
Foreign Financing
5,712,769,696
1,893,628,525
7,270,061,581
(1,100,873,584)
6,531,352,957
Loan
3,563,046,270
2,818,917,764
4,443,882,853
4,577,146,959
3,038,875,957
Bond / Sukuk
3,255,971,053
70,267,761
4,626,000,000
-
4,626,000,000
Less: Loan Repayment (Foreign)
(1,106,247,627)
(995,557,000)
(1,799,821,272)
(5,678,020,543)
(1,133,523,000)
Domestic Financing
(1,412,894,300)
3,098,707,448
2,328,642,842
6,280,578,636
(853,374,752)
From treasury Bills, Loans, Bonds and Other Instruments / (Deposit to fiscal reserve)
324,715,570
4,719,120,158
4,257,596,211
7,475,071,260
563,892,022
Re-inmbursement of Subsidiary Loans
113,892,098
227,320,047
334,883,861
407,889,535
231,284,062
Less: Loan Repayment (Domestic)
(525,974,349)
(380,071,818)
(1,217,871,572)
(485,509,081)
(750,147,994)
Transfer to sovereign development fund
(1,315,260,825)
(1,446,040,255)
(1,024,692,806)
(1,095,600,226)
(877,129,990)
Less: Contribution to International Financial Institutions
(10,266,794)
(21,620,684)
(21,272,852)
(21,272,852)
(21,272,852)