Table 6.4 Central Government Revenue & Expenditure, 2022 - 2024 1/ | |||||||||||||||||||||||||
(Millions of MVR) | |||||||||||||||||||||||||
Period | Total revenue & grants | Total expenditure | Overall balance (surplus / deficit) | y/y % change | |||||||||||||||||||||
Total revenue | Grants | Less: Subsidiary loan repayment | Current expenditure | Capital exp | Total revenue & grants | Total expenditure | |||||||||||||||||||
Tax revenue | Nontax revenue | Capital Revenue | o/w | o/w | |||||||||||||||||||||
o/w | o/w | Salaries & wages | Public Sector Investment Program | ||||||||||||||||||||||
Import duty | GST 2/ | Business profit tax | SOE dividends | Resort rent | |||||||||||||||||||||
(2+11+12) | (3+7+10) | (14+16) | |||||||||||||||||||||||
(1) | (2) | (3) | (4) | (5) | (6) | (7) | (8) | (9) | (10) | (11) | (12) | (13) | (14) | (15) | (16) | (17) | (18) | (19) | (20) | ||||||
2022 | Oct-22 | 1,764.9 |
1,742.4 |
1,279.1 |
305.6 |
703.4 |
50.0 |
462.8 |
85.6 |
100.6 |
0.5 |
23.5 |
-1.0 |
3,260.5 |
2,391.7 |
426.5 |
868.8 |
738.9 |
-1,495.6 |
16.0 |
9.1 |
||||
Nov-22 | 1,941.8 |
1,928.7 |
1,368.1 |
307.4 |
787.6 |
20.3 |
560.1 |
27.6 |
10.7 |
0.5 |
15.7 |
-2.6 |
2,646.3 |
2,079.1 |
421.5 |
567.2 |
428.1 |
-704.5 |
8.1 |
-12.5 |
|||||
Dec-22 | 3,424.6 |
3,409.4 |
1,488.9 |
308.3 |
880.7 |
53.0 |
1,918.3 |
20.0 |
359.5 |
2.1 |
15.5 |
-0.3 |
5,426.5 |
2,589.0 |
420.1 |
2,837.6 |
1,988.0 |
-2,002.0 |
23.0 |
47.1 |
|||||
2023 | Jan-23 | 4,138.3 |
4,130.5 |
3,442.9 |
303.5 |
1,621.3 |
748.5 |
686.5 |
67.6 |
94.0 |
1.1 |
8.1 |
-0.2 |
4,851.8 |
3,017.3 |
425.2 |
1,834.5 |
1,614.1 |
-713.5 |
44.7 |
91.1 |
||||
Feb-23 | 2,491.6 |
2,489.2 |
1,792.5 |
254.5 |
1,183.6 |
41.2 |
696.4 |
70.0 |
7.3 |
0.3 |
3.2 |
-0.8 |
3,353.6 |
2,518.1 |
430.3 |
835.6 |
585.8 |
-862.0 |
32.5 |
11.0 |
|||||
Mar-23 | 2,810.4 |
2,788.2 |
1,931.0 |
270.5 |
1,295.2 |
44.4 |
856.4 |
60.0 |
305.6 |
0.8 |
24.2 |
-2.1 |
4,147.1 |
2,576.9 |
430.6 |
1,570.2 |
1,126.9 |
-1,336.7 |
1.5 |
0.2 |
|||||
Apr-23 | 2,366.8 |
2,353.2 |
1,838.2 |
261.1 |
1,215.3 |
30.1 |
514.3 |
10.1 |
116.5 |
0.6 |
15.1 |
-1.4 |
3,744.6 |
2,716.5 |
445.6 |
1,028.1 |
713.1 |
-1,377.8 |
9.3 |
37.9 |
|||||
May-23 | 2,462.4 |
2,436.1 |
1,858.5 |
305.7 |
1,143.2 |
118.1 |
577.1 |
195.4 |
3.8 |
0.5 |
28.8 |
-2.5 |
3,689.3 |
2,450.8 |
451.2 |
1,238.5 |
858.8 |
-1,226.8 |
41.2 |
17.8 |
|||||
Jun-23 | 3,052.3 |
3,049.1 |
1,495.0 |
264.8 |
474.3 |
220.8 |
1,253.7 |
167.9 |
231.1 |
300.4 |
3.4 |
-0.2 |
3,532.1 |
2,464.9 |
440.2 |
1,067.2 |
786.7 |
-479.8 |
4.8 |
5.0 |
|||||
Jul-23 | 4,093.0 |
4,019.2 |
3,534.8 |
295.8 |
1,215.7 |
1,317.3 |
484.2 |
10.0 |
155.7 |
0.2 |
92.2 |
-18.4 |
3,930.0 |
2,559.7 |
452.1 |
1,370.3 |
955.2 |
163.0 |
34.4 |
42.2 |
|||||
Aug-23 | 2,475.8 |
2,386.2 |
1,590.3 |
284.7 |
927.6 |
127.8 |
795.6 |
0.0 |
51.5 |
0.3 |
95.8 |
-6.2 |
4,526.9 |
2,564.9 |
443.6 |
1,962.0 |
1,640.6 |
-2,051.1 |
30.4 |
36.0 |
|||||
Sep-23 | 2,107.0 |
1,731.9 |
1,093.8 |
300.3 |
525.5 |
39.7 |
637.4 |
- |
234.2 |
0.7 |
377.2 |
-2.1 |
3,593.4 |
2,984.0 |
450.3 |
609.4 |
356.6 |
-1,486.3 |
-0.1 |
1.6 |
|||||
Oct-23 | 2,607.1 |
2,595.7 |
1,931.5 |
289.3 |
1,304.6 |
55.8 |
663.6 |
35.8 |
152.8 |
0.5 |
11.9 |
-0.4 |
3,556.1 |
2,575.8 |
458.7 |
980.3 |
692.1 |
-949.0 |
47.7 |
9.1 |
|||||
Nov-23 | 2,216.4 |
2,217.2 |
1,777.7 |
364.5 |
1,119.6 |
40.3 |
439.2 |
35.8 |
32.0 |
0.4 |
1.7 |
-2.5 |
3,764.6 |
2,755.0 |
454.5 |
1,009.6 |
743.2 |
-1,548.2 |
14.1 |
42.3 |
|||||
Dec-23 | 3,330.0 |
2,989.2 |
1,787.0 |
285.7 |
1,213.5 |
18.9 |
1,201.8 |
87.6 |
380.1 |
0.4 |
348.6 |
-7.8 |
5,983.8 |
3,106.3 |
461.0 |
2,877.5 |
1,907.3 |
-2,653.8 |
-2.8 |
10.3 |
|||||
2024 | Jan-24 | 4,073.0 |
4,071.0 |
3,620.4 |
314.4 |
1,413.9 |
1,019.4 |
450.2 |
- |
75.9 |
0.4 |
2.6 |
-0.7 |
3,390.7 |
2,675.4 |
449.2 |
715.3 |
559.1 |
682.3 |
-1.6 |
-30.1 |
||||
Feb-24 | 2,894.7 |
2,870.4 |
2,310.4 |
239.1 |
1,633.2 |
50.1 |
559.7 |
50.0 |
42.5 |
0.2 |
25.6 |
-1.3 |
4,023.5 |
2,881.5 |
465.4 |
1,141.9 |
902.8 |
-1,128.8 |
16.2 |
20.0 |
|||||
Mar-24 | 3,428.0 |
3,400.1 |
2,605.1 |
251.4 |
1,518.8 |
30.8 |
787.3 |
10.0 |
370.6 |
7.8 |
30.6 |
-2.8 |
4,850.6 |
3,204.6 |
504.7 |
1,646.0 |
1,415.3 |
-1,422.6 |
22.0 |
17.0 |
|||||
Apr-24 | 2,686.9 |
2,511.3 |
2,116.7 |
266.2 |
1,449.7 |
36.2 |
394.3 |
100.0 |
64.7 |
0.2 |
175.9 |
-0.2 |
3,740.9 |
2,679.0 |
536.2 |
1,061.8 |
765.3 |
-1,054.0 |
13.5 |
-0.1 |
|||||
May-24 | 2,517.2 |
2,433.6 |
1,753.6 |
300.3 |
1,102.2 |
22.4 |
679.7 |
308.0 |
12.7 |
0.4 |
84.3 |
-0.8 |
4,650.2 |
2,926.7 |
512.4 |
1,723.5 |
1,373.9 |
-2,133.0 |
2.2 |
26.0 |
|||||
Jun-24 | 2,442.1 |
2,425.5 |
1,798.4 |
251.4 |
748.8 |
446.6 |
626.7 |
- |
343.4 |
0.4 |
16.9 |
-0.3 |
3,004.5 |
2,394.9 |
514.6 |
609.6 |
440.5 |
-562.4 |
-20.0 |
-14.9 |
|||||
Jul-24 | 3,542.8 |
3,509.0 |
2,893.1 |
278.8 |
977.3 |
862.9 |
615.4 |
- |
117.9 |
0.6 |
34.1 |
-0.3 |
4,289.0 |
2,840.3 |
518.3 |
1,448.7 |
509.6 |
-746.2 |
-13.4 |
9.1 |
|||||
Aug-24 | 2,615.3 |
2,601.4 |
1,987.7 |
252.8 |
1,066.0 |
189.6 |
613.5 |
104.6 |
29.6 |
0.2 |
14.2 |
-0.3 |
3,437.7 |
2,496.3 |
520.2 |
941.3 |
746.5 |
-822.4 |
5.6 |
-24.1 |
|||||
Sep-24 | 2,990.5 |
2,844.6 |
1,694.2 |
288.3 |
1,022.8 |
53.7 |
1,149.8 |
- |
361.7 |
0.7 |
181.6 |
-35.7 |
4,758.3 |
3,427.0 |
523.3 |
1,331.2 |
1,097.8 |
-1,767.8 |
41.9 |
32.4 |
|||||
2023 | Jan-Sep | 25,997.8 |
25,383.6 |
18,577.0 |
2,540.8 |
9,601.6 |
2,687.9 |
6,501.5 |
581.1 |
1,199.7 |
305.1 |
648.0 |
-33.8 |
35,368.8 |
23,853.1 |
3,968.9 |
11,515.6 |
8,637.9 |
-9,371.0 |
21.6 |
23.9 |
||||
2024 | Jan-Sep | 27,190.4 |
26,666.9 |
20,779.6 |
2,442.6 |
10,932.8 |
2,711.7 |
5,876.5 |
572.6 |
1,419.0 |
10.8 |
565.8 |
-42.4 |
36,145.3 |
25,525.9 |
4,544.4 |
10,619.4 |
7,810.8 |
-8,954.9 |
4.6 |
2.2 |
||||
Source: Ministry of Finance and Planning | |||||||||||||||||||||||||
1/Figures does not accord with the methodology of IMF's GFS Manual 1986 and these are not comparable with figures in 6.1, 6.2 and 6.3. | |||||||||||||||||||||||||
2/Figures for GST includes tourism GST and general GST. |