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 - Feb
Jan - Feb
Summary of Government Finances
Total Revenue & Grants
21,651,277,341
23,339,804,018
4,248,142,943
4,481,193,057
1,764,421,977
1,561,610,864
4,248,142,943
4,481,193,057
2,483,720,966
2,919,582,193
2,483,720,966
2,919,582,193
of which: Total Revenue
21,277,860,876
21,986,809,550
4,166,196,414
4,094,333,993
1,698,137,103
1,559,204,882
4,166,196,414
4,094,333,993
2,468,059,311
2,535,129,112
2,468,059,311
2,535,129,112
Total Budget
27,138,382,221
30,251,742,542
4,190,567,671
3,656,129,676
2,057,508,470
1,924,939,404
4,190,567,671
3,656,129,676
2,133,059,201
1,731,190,272
2,133,059,201
1,731,190,272
Total Expenditure
25,495,834,100
27,342,270,907
3,644,341,494
3,466,977,293
1,632,745,337
1,874,076,369
3,644,341,494
3,466,977,293
2,011,596,157
1,592,900,924
2,011,596,157
1,592,900,924
Recurrent
17,984,819,430
18,529,258,055
2,532,839,978
2,813,942,302
1,371,542,604
1,652,488,025
2,532,839,978
2,813,942,302
1,161,297,374
1,161,454,277
1,161,297,374
1,161,454,277
Capital
7,511,014,670
8,813,012,852
1,111,501,516
653,034,991
261,202,734
221,588,344
1,111,501,516
653,034,991
850,298,782
431,446,647
850,298,782
431,446,647
Primary Balance
(2,404,211,738)
(2,000,929,405)
835,733,739
1,140,753,418
223,500,840
(278,113,608)
835,733,739
1,140,753,418
612,232,899
1,418,867,026
612,232,899
1,418,867,026
Overall Balance
(3,844,556,759)
(4,002,466,889)
603,801,449
1,014,215,764
131,676,640
(312,465,506)
603,801,449
1,014,215,764
472,124,809
1,326,681,270
472,124,809
1,326,681,270
Memorandum Items:
Loan Repayment, Subscriptions to Multilateral Agencies
1,642,548,121
2,909,471,635
546,226,177
189,152,383
424,763,133
50,863,034
546,226,177
189,152,383
121,463,044
138,289,349
121,463,044
138,289,349
Transfers to Sovereign Development Fund
-
-
-
242,660,009
-
121,785,321
-
242,660,009
-
120,874,688
-
120,874,688
Total Revenue to GDP
25.8%
24.4%
-
-
-
-
-
-
-
-
-
-
Total Expenditure to GDP
30.9%
30.3%
-
-
-
-
-
-
-
-
-
-
Primary Balance to GDP
-2.9%
-2.2%
-
-
-
-
-
-
-
-
-
-
Overall Balance to GDP
-4.7%
-4.4%
-
-
-
-
-
-
-
-
-
-
Nominal GDP
82,504,342,123
90,188,165,703
-
-
-
-
-
-
-
-
-
-



Detailed summary
US dollar
In Maldivian Rufiyaa
2018
2019
2018
2019
Feb
Feb
Jan - Feb
Jan - Feb
TOTAL REVENUES & GRANTS
1,764,421,977
1,561,610,864
4,248,142,943
4,481,193,057
1,764,421,977
1,561,610,864
4,248,142,943
4,481,193,057
2,483,720,966
2,919,582,193
2,483,720,966
2,919,582,193
Tax Revenues
1,361,232,365
1,338,476,165
3,431,685,242
3,412,887,567
1,361,232,365
1,338,476,165
3,431,685,242
3,412,887,567
2,070,452,877
2,074,411,402
2,070,452,877
2,074,411,402
Non-Tax Revenues
340,657,428
217,716,366
786,405,428
691,969,650
340,657,428
217,716,366
786,405,428
691,969,650
445,748,000
474,253,284
445,748,000
474,253,284
Capital Receipts
437,197
3,167,326
2,479,974
4,231,865
437,197
3,167,326
2,479,974
4,231,865
2,042,776
1,064,540
2,042,776
1,064,540
Grants
66,284,874
2,405,982
81,946,530
386,859,064
66,284,874
2,405,982
81,946,530
386,859,064
15,661,655
384,453,082
15,661,655
384,453,082
(-) Subsidiary Loan Repayment
(4,189,888)
(154,975)
(54,374,230)
(14,755,089)
(4,189,888)
(154,975)
(54,374,230)
(14,755,089)
(50,184,342)
(14,600,114)
(50,184,342)
(14,600,114)
TOTAL BUDGET
2,057,508,470
1,924,939,404
4,190,567,671
3,656,129,676
2,057,508,470
1,924,939,404
4,190,567,671
3,656,129,676
2,133,059,201
1,731,190,272
2,133,059,201
1,731,190,272
TOTAL EXPENDITURE (C+D)
1,632,745,337
1,874,076,369
3,644,341,494
3,466,977,293
1,632,745,337
1,874,076,369
3,644,341,494
3,466,977,293
2,011,596,157
1,592,900,924
2,011,596,157
1,592,900,924
RECURRENT EXPENDITURE
1,371,542,604
1,652,488,025
2,532,839,978
2,813,942,302
1,371,542,604
1,652,488,025
2,532,839,978
2,813,942,302
1,161,297,374
1,161,454,277
1,161,297,374
1,161,454,277
Salaries, Wages & Pensions
715,559,713
793,402,119
715,559,713
1,562,178,875
715,559,713
793,402,119
1,430,018,472
1,562,178,875
714,458,760
768,776,757
714,458,760
768,776,757
Administrative & Operational Expenses
655,484,192
583,333,611
655,484,192
975,896,813
655,484,192
583,333,611
1,102,164,304
975,896,813
446,680,112
392,563,202
446,680,112
392,563,202
Losses & Write-offs
498,699
275,752,295
498,699
275,866,613
498,699
275,752,295
657,202
275,866,613
158,502
114,318
158,502
114,318
CAPITAL EXPENDITURE
261,202,734
221,588,344
1,111,501,516
653,034,991
261,202,734
221,588,344
1,111,501,516
653,034,991
850,298,782
431,446,647
850,298,782
431,446,647
Capital Equipments
8,771,782
12,950,764
8,771,782
36,582,123
8,771,782
12,950,764
70,768,155
36,582,123
61,996,374
23,631,359
61,996,374
23,631,359
Public Sector Investment Program
170,634,299
78,687,178
170,634,299
407,861,431
170,634,299
78,687,178
910,148,821
407,861,431
739,514,522
329,174,253
739,514,522
329,174,253
Development Projects & Investment Outlays
41,796,653
99,950,403
41,796,653
148,686,205
41,796,653
99,950,403
81,332,540
148,686,205
39,535,887
48,735,803
39,535,887
48,735,803
Lendings
40,000,000
30,000,000
40,000,000
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)
223,500,840
(278,113,608)
835,733,739
1,140,753,418
223,500,840
(278,113,608)
835,733,739
1,140,753,418
612,232,899
1,418,867,026
612,232,899
1,418,867,026
OVERALL BALANCE - SURPLUS / (DEFICIT) (A-B)
131,676,640
(312,465,506)
603,801,449
1,014,215,764
131,676,640
(312,465,506)
603,801,449
1,014,215,764
472,124,809
1,326,681,270
472,124,809
1,326,681,270
Financing & Interest Costs
91,824,200
34,351,898
231,932,289
126,537,653
91,824,200
34,351,898
231,932,289
126,537,653
140,108,089
92,185,756
140,108,089
92,185,756
Memorandum Items:
-
-
-
-
-
-
-
-
-
-
-
-
Loan Repayment
424,763,133
50,863,034
546,226,177
188,960,008
424,763,133
50,863,034
546,226,177
188,960,008
121,463,044
138,096,974
121,463,044
138,096,974
Subscription to Multilateral Agencies
-
-
-
192,375
-
-
-
192,375
-
192,375
-
192,375
Transfers to Sovereign Development Fund
-
121,785,321
-
242,660,009
-
121,785,321
-
242,660,009
-
120,874,688
-
120,874,688