Table 6.3 Central Government Expenditure and Net Lending, 2019 - 2025 1/ | |||||||||||||||||||
(Millions of MVR) | |||||||||||||||||||
Period | Total expenditure | Net Lending | |||||||||||||||||
Expenditure on goods & services | Interest payments | Subsidies & transfers | Capital Expenditure | ||||||||||||||||
o/w | |||||||||||||||||||
Salaries & wages | Other allowances | Transportaion, communicaton & utilities | Social welfare contributions | Others | |||||||||||||||
(2+8+9+10) | |||||||||||||||||||
(1) | (2) | (3) | (4) | (5) | (6) | (7) | (8) | (9) | (10) | (11) | |||||||||
2019 | 28,994.7 |
17,571.4 |
4,642.9 |
3,651.3 |
1,930.5 |
3,937.3 |
3,409.4 |
1,540.8 |
2,259.7 |
7,622.8 |
-75.2 |
||||||||
2020 | 28,753.5 |
16,352.8 |
4,378.0 |
3,827.8 |
1,620.3 |
3,451.9 |
3,074.7 |
1,603.9 |
2,350.8 |
8,446.1 |
-175.3 |
||||||||
2021 | 32,859.4 |
19,656.1 |
4,625.5 |
4,055.9 |
2,258.5 |
4,906.3 |
3,809.7 |
2,104.5 |
2,276.0 |
8,822.9 |
0.7 |
||||||||
2022 | 40,059.9 |
na |
4,936.4 |
4,447.4 |
2,248.1 |
na |
na |
3,452.4 |
na |
11,969.1 |
na |
||||||||
2023 | 44,893.6 |
na |
5,343.0 |
4,864.7 |
2,597.1 |
na |
na |
4,195.2 |
na |
12,603.3 |
na |
||||||||
2024 2/ | 47,760.0 |
na |
6,131.7 |
5,460.7 |
2,722.4 |
na |
na |
5,186.6 |
na |
11,632.0 |
na |
||||||||
2025 2/ | 49,178.5 |
na |
7,746.0 |
6,204.5 |
3,009.1 |
na |
na |
5,550.1 |
na |
12,556.8 |
na |
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Period | y/y % change |
||||||||||||||||||
Total expenditure | Expenditure on goods & services | Salaries & wages | Other allowances | Transportaion, communicaton & utilities | Social welfare contributions | Others | Interest payments | Subsidies & transfers | Capital Expenditure | Net Lending | |||||||||
(12) | (13) | (14) | (15) | (16) | (17) | (18) | (19) | (20) | (21) | (22) | |||||||||
2019 | 9.3 |
16.1 |
8.5 |
7.4 |
7.7 |
62.9 |
4.8 |
7.0 |
34.0 |
-7.7 |
27.4 |
||||||||
2020 | -0.8 |
-6.9 |
-5.7 |
4.8 |
-16.1 |
-12.3 |
-9.8 |
4.1 |
4.0 |
10.8 |
-133.1 |
||||||||
2021 | 14.3 |
20.2 |
5.7 |
6.0 |
39.4 |
42.1 |
23.9 |
31.2 |
-3.2 |
4.5 |
100.4 |
||||||||
2022 | 21.9 |
na |
6.7 |
9.7 |
-0.5 |
na |
na |
64.1 |
na |
35.7 |
na |
||||||||
2023 | 12.1 |
na |
8.2 |
9.4 |
15.5 |
na |
na |
21.5 |
na |
5.3 |
na |
||||||||
2024 2/ | 6.4 |
na |
14.8 |
12.2 |
4.8 |
na |
na |
23.6 |
na |
-7.7 |
na |
||||||||
2025 2/ | 3.0 |
na |
26.3 |
13.6 |
10.5 |
na |
na |
7.0 |
na |
8.0 |
na |
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Source: Ministry of Finance and Planning | |||||||||||||||||||
1/Format based on IMF Government Finance Statistics Manual (GFSM 1986). The table is compiled based on data published by the Ministry of Finance and Planning in the Government Finance Statistics publication. | |||||||||||||||||||
2/Figures for 2023 are actuals, figures for 2024 are revised estimates and figures for 2025 are projections as per the approved government budget for 2025. |