Table 6.4 Central Government Revenue & Expenditure, 2023 - 2025 1/
(Millions of MVR)
Period Total revenue & grants Total expenditure Overall balance (surplus / deficit) Memorandum Items
Total revenue Grants Less: Subsidiary loan repayment Current expenditure Capital expenditure Loan repayment Investments Inflows to sovereign development fund Public sector investment program Lendings
Tax revenue Nontax revenue Capital Revenue o/w o/w
o/w o/w Salaries & wages Infrastructure assets
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) (21) (22) (23)
2023 Oct-23
2,571.5
2,559.6
1,931.5
289.3
1,304.6
55.8
627.6
-
152.8
0.5
11.9
-
3,319.8
2,575.8
458.7
744.1
692.1
-748.3
113.0
43.6
234.7
803.6
205.5
Nov-23
2,180.4
2,178.7
1,777.7
364.5
1,119.6
40.3
400.7
-
32.0
0.4
1.7
-
3,565.2
2,755.0
454.5
810.1
743.2
-1,384.8
67.2
128.5
103.0
760.6
70.9
Dec-23
3,243.4
2,894.7
1,787.0
285.7
1,213.5
18.9
1,107.3
-
380.1
0.4
348.6
-
5,137.2
3,106.3
461.0
2,030.8
1,907.3
-1,893.8
93.8
69.3
211.2
2,614.7
784.0
2024 Jan-24
4,072.5
4,070.5
3,622.5
314.4
1,413.9
1,021.5
447.6
-
74.2
0.4
2.6
-0.7
3,260.9
2,675.8
449.3
585.2
559.1
811.6
378.6
32.3
110.7
562.6
97.9
Feb-24
2,846.7
2,823.9
2,313.9
242.6
1,633.2
50.1
509.7
-
42.5
0.2
24.1
-1.3
3,817.4
2,881.4
465.4
936.1
902.8
-970.7
413.1
120.2
103.1
921.1
85.6
Mar-24
3,403.7
3,389.7
2,612.2
251.4
1,518.8
37.9
769.7
-
363.8
7.8
16.8
-2.8
4,647.5
3,204.4
504.8
1,443.1
1,415.3
-1,243.8
55.8
152.0
116.4
1,030.0
51.1
Apr-24
2,586.9
2,411.3
2,116.7
266.2
1,449.7
36.2
294.3
-
64.7
0.2
175.9
-0.2
3,473.7
2,679.3
536.3
794.3
765.3
-886.8
84.4
247.7
162.1
783.3
20.4
May-24
2,208.4
2,126.0
1,753.6
300.3
1,102.2
22.4
372.0
0.3
12.7
0.4
83.2
-0.8
4,408.4
2,929.0
512.8
1,479.3
1,389.2
-2,200.0
87.8
207.0
117.6
1,455.3
53.5
Jun-24
2,441.7
2,425.1
1,802.7
251.4
748.8
450.8
622.0
-
339.4
0.4
16.9
-0.3
2,860.3
2,394.8
514.6
465.5
440.5
-418.6
118.0
107.8
93.0
415.5
37.2
Jul-24
3,543.1
3,509.0
2,893.2
278.8
977.3
862.8
615.3
-
117.9
0.6
34.3
-0.2
4,002.2
2,837.2
520.0
1,165.0
509.6
-459.2
413.1
238.4
80.8
539.5
69.8
Aug-24
2,527.6
2,512.7
2,001.3
266.4
1,066.0
189.6
511.3
-
29.6
0.2
15.1
-0.2
3,291.3
2,516.1
522.0
775.1
746.8
-763.7
63.2
124.0
146.8
756.6
42.6
Sep-24
3,015.8
2,855.1
1,693.1
287.3
1,022.8
53.7
1,161.2
0.0
361.7
0.8
196.4
-35.6
4,694.4
3,489.4
524.8
1,205.1
1,168.4
-1,678.6
338.2
130.9
127.9
1,190.4
67.3
Oct-24
2,512.9
2,505.5
1,969.9
568.2
1,108.9
30.7
535.0
-
58.8
0.6
7.6
-0.3
4,035.3
2,783.8
519.6
1,251.6
1,207.8
-1,522.5
99.2
136.8
112.2
1,065.7
74.1
Nov-24
2,238.3
2,228.7
1,572.0
193.9
1,091.5
14.3
656.5
-
39.7
0.2
10.4
-0.7
3,861.4
2,561.6
532.0
1,299.8
1,268.9
-1,623.1
69.0
185.3
116.5
1,241.1
46.6
Dec-24
2,951.4
2,911.2
2,039.6
232.6
1,428.5
5.6
870.3
-
378.6
1.4
69.4
-29.2
5,864.9
3,918.0
529.9
1,946.9
1,768.4
-2,913.5
186.2
94.8
102.7
1,780.5
61.8
2025 Jan-25
3,710.3
3,691.8
3,242.5
199.4
1,591.9
845.4
449.1
1.2
66.4
0.2
18.5
-0.0
2,490.3
2,389.3
519.6
101.0
95.1
1,219.9
445.6
45.1
123.0
91.9
230.0
Feb-25
3,045.7
3,019.9
2,226.1
250.5
1,230.2
272.2
793.7
-
28.2
0.1
25.9
-0.0
3,787.2
3,291.2
531.3
495.9
462.8
-741.4
1,826.8
173.4
192.2
463.9
34.0
Mar-25
4,154.2
4,124.4
2,866.3
249.1
1,930.3
46.5
1,258.0
242.8
393.4
0.1
29.8
-
3,174.1
2,879.5
528.3
294.6
257.2
980.0
119.5
132.1
190.2
262.5
27.6
Apr-25
3,179.3
3,153.7
2,558.1
312.6
1,651.9
26.8
595.4
-
94.3
0.2
25.6
-
3,217.6
2,818.0
556.2
399.7
294.0
-38.3
108.2
806.9
229.3
618.2
322.1
May-25
2,811.2
2,783.0
2,171.5
291.4
1,359.4
24.0
611.4
165.0
16.0
0.1
28.2
-
3,418.3
2,852.4
543.1
565.9
536.1
-607.1
55.4
410.3
194.2
761.4
229.9
Jun-25
3,016.9
2,974.4
2,093.9
184.0
963.8
334.6
880.3
2.1
406.4
0.2
42.5
-
2,932.7
2,464.0
537.5
468.7
356.5
84.2
694.1
142.1
143.2
434.6
111.2
Jul-25
3,803.1
3,779.4
3,293.0
238.9
1,072.3
1,057.2
486.1
1.9
42.2
0.3
23.7
-
3,561.7
2,946.1
540.6
615.6
562.6
241.4
609.5
90.7
150.9
1,320.6
798.6
Aug-25
2,657.4
2,601.3
2,086.5
311.5
1,156.3
106.1
514.6
52.7
23.6
0.2
56.1
-
3,070.2
2,660.0
547.4
410.2
370.2
-412.8
72.4
74.9
167.7
381.4
26.2
Sep-25
3,129.5
3,114.5
1,794.3
189.7
1,112.5
31.1
1,320.0
-
373.5
0.2
15.0
-
3,768.0
3,257.2
557.8
510.8
449.8
-638.5
356.6
84.0
196.9
377.3
70.5
2024 Jan-Sep
26,646.3
26,123.3
20,809.3
2,458.6
10,932.8
2,725.1
5,303.0
0.3
1,406.5
11.0
565.2
-42.2
34,456.1
25,607.4
4,549.9
8,848.7
7,897.0
-7,809.8
1,952.1
1,360.3
1,058.5
7,654.2
525.5
2025 Jan-Sep
29,507.6
29,242.3
22,332.2
2,227.2
12,068.6
2,744.0
6,908.5
465.8
1,443.8
1.6
265.4
-0.1
29,420.2
25,557.7
4,861.9
3,862.5
3,384.3
87.4
4,288.2
1,959.4
1,587.7
4,711.8
1,850.2
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.
Note: Figures have been updated as per the 'Monthly Fiscal Developments’ Statistics published by the Ministry of Finance and Planning.