The state revenues reached just MVR61.9 million, whereas expenditure has already reached MVR386.1 million.
According to the Ministry of Finance, the overall balance for the period is a deficit of MVR324.3 million.
Revenue Composition
- Tax Revenues: MVR23.1 million
- Non-tax Revenues: MVR38.6 million
- Capital Receipts: MVR0.2 million
- Grants: —
Top Revenue Categories
- Rent from Resorts: MVR32.6 million
- TGST: MVR8.9 million
- GGST: MVR5.6 million
- Airport Development Fee: MVR4.7 million
- Departure Tax: MVR4.6 million
Expenditure Composition
- Recurrent Expenditure: MVR295.6 million
- Capital Expenditure: MVR90.5 million
Recurrent Expenditure
- Administrative and Operational Expenses: MVR292.2 million
- Salaries, Wages, and Pensions: MVR3.4 million
Capital Expenditure
- Infrastructure Assets: MVR59.9 million
- Land and Buildings: MVR29.3 million
- Lending: MVR1.2 million
Memorandum Items:
- Loan Repayment: MVR278.4 million
- Transfers to Sovereign Development Fund (SDF): MVR8.3 million
- SDF Fund Size: MVR6.4 billion
- SDF Bank Balance: MVR1.86 billion
- Public Sector Investment Program (PSIP): MVR89.3 million
Comments