| 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 | Current expenditure | Capital ex | 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 | Dividends | Resort rent | |||||||||||||||||||||||
| (2+11) | (3+7+10) | (13+15) | |||||||||||||||||||||||||
| (1) | (2) | (3) | (4) | (5) | (6) | (7) | (8) | (9) | (10) | (11) | (12) | (13) | (14) | (15) | (16) | (17) | (18) | (19) | (20) | (21) | (22) | ||||||
| 2023 | Dec-23 | 3,331.0 |
2,982.4 |
1,787.0 |
285.7 |
1,213.5 |
18.9 |
1,195.0 |
87.6 |
380.1 |
0.4 |
348.6 |
5,137.2 |
3,106.3 |
461.0 |
2,030.8 |
1,907.3 |
-1,806.2 |
93.8 |
69.3 |
211.2 |
2,614.7 |
784.0 |
||||
| 2024 | Jan-24 | 4,072.5 |
4,069.8 |
3,622.5 |
314.4 |
1,413.9 |
1,021.5 |
446.9 |
- |
74.2 |
0.4 |
2.6 |
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 | 2,896.7 |
2,872.6 |
2,313.9 |
242.6 |
1,633.2 |
50.1 |
558.4 |
50.0 |
42.5 |
0.2 |
24.1 |
3,817.4 |
2,881.4 |
465.4 |
936.1 |
902.8 |
-920.7 |
413.1 |
120.2 |
103.1 |
921.1 |
85.6 |
|||||
| Mar-24 | 3,413.7 |
3,396.9 |
2,612.2 |
251.4 |
1,518.8 |
37.9 |
776.9 |
10.0 |
363.8 |
7.8 |
16.8 |
4,647.5 |
3,204.4 |
504.8 |
1,443.1 |
1,415.3 |
-1,233.8 |
55.8 |
152.0 |
116.4 |
1,030.0 |
51.1 |
|||||
| Apr-24 | 2,686.9 |
2,511.0 |
2,116.7 |
266.2 |
1,449.7 |
36.2 |
394.1 |
100.0 |
64.7 |
0.2 |
175.9 |
3,473.7 |
2,679.3 |
536.3 |
794.3 |
765.3 |
-786.8 |
84.4 |
247.7 |
162.1 |
783.3 |
20.4 |
|||||
| May-24 | 2,670.7 |
2,587.6 |
1,753.6 |
300.3 |
1,102.2 |
22.4 |
833.6 |
462.6 |
12.7 |
0.4 |
83.2 |
4,408.4 |
2,929.0 |
512.8 |
1,479.3 |
1,389.2 |
-1,737.7 |
87.8 |
207.0 |
117.6 |
1,455.3 |
53.5 |
|||||
| Jun-24 | 2,441.7 |
2,424.8 |
1,802.7 |
251.4 |
748.8 |
450.8 |
621.7 |
- |
339.4 |
0.4 |
16.9 |
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 |
3,508.8 |
2,893.2 |
278.8 |
977.3 |
862.8 |
615.0 |
- |
117.9 |
0.6 |
34.3 |
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 | 2,632.3 |
2,617.1 |
2,001.3 |
266.4 |
1,066.0 |
189.6 |
615.7 |
104.6 |
29.6 |
0.2 |
15.1 |
3,291.3 |
2,516.1 |
522.0 |
775.1 |
746.8 |
-659.0 |
63.2 |
124.0 |
146.8 |
756.6 |
42.6 |
|||||
| Sep-24 | 3,015.8 |
2,819.5 |
1,693.1 |
287.3 |
1,022.8 |
53.7 |
1,125.5 |
0.0 |
361.7 |
0.8 |
196.4 |
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 |
2,505.2 |
1,969.9 |
568.2 |
1,108.9 |
30.7 |
534.7 |
- |
58.8 |
0.6 |
7.6 |
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 |
2,227.9 |
1,572.0 |
193.9 |
1,091.5 |
14.3 |
655.7 |
- |
39.7 |
0.2 |
10.4 |
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 | 2,960.8 |
2,891.4 |
2,039.6 |
232.6 |
1,428.5 |
5.6 |
850.5 |
9.4 |
378.6 |
1.4 |
69.4 |
5,864.9 |
3,918.0 |
529.9 |
1,946.9 |
1,768.4 |
-2,904.1 |
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 |
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 |
3,564.1 |
3,291.0 |
531.3 |
273.1 |
240.0 |
-518.4 |
1,826.8 |
173.4 |
192.2 |
241.2 |
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 |
3,319.8 |
2,879.5 |
528.3 |
440.3 |
402.9 |
834.3 |
119.5 |
150.2 |
190.2 |
426.3 |
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 |
3,228.7 |
2,817.5 |
556.2 |
411.2 |
305.5 |
-49.4 |
108.2 |
806.9 |
229.3 |
629.8 |
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 |
3,425.2 |
2,859.2 |
543.3 |
566.0 |
536.1 |
-613.9 |
55.4 |
410.3 |
194.2 |
761.4 |
229.9 |
|||||
| Jun-25 | 2,995.3 |
2,952.8 |
2,093.9 |
184.0 |
963.8 |
334.6 |
858.7 |
2.1 |
406.5 |
0.2 |
42.5 |
2,965.2 |
2,476.8 |
538.7 |
488.4 |
376.2 |
30.1 |
694.1 |
159.3 |
152.2 |
595.7 |
235.4 |
|||||
| Jul-25 | 3,803.9 |
3,779.6 |
3,293.1 |
238.9 |
1,072.3 |
1,057.2 |
486.2 |
1.9 |
42.2 |
0.3 |
24.3 |
3,606.1 |
2,966.2 |
542.0 |
639.9 |
586.9 |
197.8 |
609.5 |
90.7 |
150.9 |
1,699.2 |
1,152.9 |
|||||
| Aug-25 | 2,926.7 |
2,870.6 |
2,092.5 |
311.5 |
1,162.3 |
106.1 |
777.9 |
235.8 |
23.6 |
0.2 |
56.1 |
3,264.5 |
2,666.8 |
548.3 |
597.7 |
557.8 |
-337.8 |
72.5 |
-277.1 |
228.0 |
606.5 |
26.2 |
|||||
| Sep-25 | 3,822.9 |
3,796.0 |
1,961.1 |
212.4 |
1,217.1 |
31.1 |
1,834.7 |
0.3 |
404.0 |
0.2 |
26.9 |
3,908.0 |
3,331.4 |
558.4 |
576.6 |
514.0 |
-85.1 |
379.8 |
84.0 |
625.1 |
441.6 |
120.5 |
|||||
| Oct-25 | 2,528.8 |
2,492.4 |
2,014.4 |
315.6 |
1,231.3 |
35.6 |
477.7 |
1.2 |
29.5 |
0.3 |
36.4 |
3,814.3 |
3,137.0 |
558.2 |
677.2 |
613.0 |
-1,285.5 |
118.0 |
-213.3 |
158.1 |
845.7 |
253.1 |
|||||
| Nov-25 | 2,547.5 |
2,522.1 |
2,021.5 |
268.7 |
1,243.3 |
27.8 |
500.3 |
4.2 |
44.2 |
0.2 |
25.4 |
3,510.3 |
3,025.5 |
637.6 |
484.8 |
436.8 |
-962.9 |
480.3 |
285.0 |
175.9 |
484.0 |
1,081.7 |
|||||
| 2024 | Jan-Nov | 32,124.5 |
31,541.2 |
24,351.2 |
3,220.7 |
13,133.3 |
2,770.1 |
7,178.3 |
727.3 |
1,505.0 |
11.8 |
583.2 |
42,352.9 |
30,952.8 |
5,601.6 |
11,400.1 |
10,373.7 |
-10,228.4 |
2,120.3 |
1,682.5 |
1,287.2 |
9,961.1 |
646.2 |
||||
| 2025 | Jan-Nov | 35,525.9 |
35,186.3 |
26,541.1 |
2,834.2 |
14,653.9 |
2,807.5 |
8,643.1 |
654.7 |
1,548.1 |
2.1 |
339.6 |
37,096.6 |
31,840.4 |
6,062.0 |
5,256.2 |
4,664.2 |
-1,570.7 |
4,909.9 |
1,714.6 |
2,419.0 |
6,823.4 |
3,713.4 |
||||
| 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. | |||||||||||||||||||||||||||