| Table 6.4 Central Government Revenue & Expenditure, 2024 - 2026 1/ | |||||||||||||||||||||||||||
| (Millions of MVR) | |||||||||||||||||||||||||||
| Period | Total revenue & grants | Total expenditure | Overall balance (surplus / deficit) | Memorandum Items | |||||||||||||||||||||||
| Total revenue | Grants | 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 | 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) | ||||||
| 2024 | 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 |
3,962.2 |
2,837.2 |
520.0 |
1,125.0 |
469.6 |
-419.1 |
413.1 |
238.4 |
80.8 |
539.5 |
109.8 |
||||
| 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 |
3,285.4 |
2,516.1 |
522.0 |
769.3 |
740.9 |
-653.1 |
63.2 |
124.0 |
146.8 |
756.6 |
48.4 |
|||||
| 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 |
4,317.9 |
3,489.4 |
524.8 |
828.5 |
791.9 |
-1,302.0 |
338.2 |
130.9 |
127.9 |
1,190.4 |
443.9 |
|||||
| 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 |
3,394.8 |
2,783.8 |
519.6 |
611.0 |
567.2 |
-881.9 |
99.2 |
136.8 |
112.2 |
1,065.7 |
714.7 |
|||||
| 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 |
3,316.1 |
2,561.6 |
532.0 |
754.5 |
723.6 |
-1,077.8 |
69.0 |
185.3 |
116.5 |
1,241.1 |
591.9 |
|||||
| 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 |
5,652.2 |
3,918.0 |
529.9 |
1,734.2 |
1,555.8 |
-2,691.5 |
186.2 |
94.8 |
102.7 |
1,780.5 |
274.4 |
|||||
| 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 | 3,277.0 |
3,251.2 |
2,226.1 |
250.5 |
1,230.2 |
272.2 |
1,025.0 |
- |
28.2 |
0.1 |
25.9 |
3,564.1 |
3,291.0 |
531.3 |
273.1 |
240.0 |
-287.1 |
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 |
3,320.8 |
2,879.5 |
528.3 |
441.2 |
402.9 |
833.4 |
125.7 |
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 |
3,228.8 |
2,817.6 |
556.2 |
411.2 |
305.5 |
-49.5 |
108.2 |
149.9 |
229.3 |
629.8 |
322.1 |
|||||
| May-25 | 2,812.0 |
2,783.8 |
2,171.5 |
291.4 |
1,359.4 |
24.0 |
612.2 |
165.0 |
16.0 |
0.1 |
28.2 |
3,427.6 |
2,861.6 |
543.5 |
566.0 |
536.1 |
-615.5 |
61.5 |
410.3 |
194.2 |
761.4 |
229.9 |
|||||
| Jun-25 | 2,995.4 |
2,952.9 |
2,093.9 |
184.0 |
963.8 |
334.6 |
858.8 |
2.1 |
406.5 |
0.2 |
42.5 |
2,966.3 |
2,477.9 |
538.8 |
488.4 |
376.2 |
29.1 |
697.2 |
208.8 |
152.2 |
595.7 |
235.4 |
|||||
| Jul-25 | 3,803.6 |
3,779.3 |
3,292.7 |
238.6 |
1,072.3 |
1,057.2 |
486.3 |
1.9 |
42.2 |
0.3 |
24.3 |
3,612.9 |
2,969.6 |
542.4 |
643.3 |
590.3 |
190.7 |
612.6 |
90.7 |
150.9 |
1,702.6 |
1,152.9 |
|||||
| Aug-25 | 2,927.3 |
2,871.1 |
2,092.5 |
311.5 |
1,162.3 |
106.1 |
778.5 |
235.8 |
23.6 |
0.2 |
56.2 |
3,277.2 |
2,679.5 |
549.2 |
597.7 |
557.8 |
-349.9 |
84.5 |
122.9 |
228.0 |
606.4 |
26.2 |
|||||
| Sep-25 | 3,447.0 |
3,420.1 |
1,961.1 |
212.4 |
1,217.1 |
31.1 |
1,458.8 |
0.3 |
404.0 |
0.2 |
26.8 |
4,030.0 |
3,453.4 |
559.8 |
576.6 |
514.0 |
-583.1 |
546.1 |
84.0 |
625.1 |
441.6 |
120.5 |
|||||
| Oct-25 | 2,573.4 |
2,536.5 |
2,043.4 |
344.5 |
1,231.3 |
35.6 |
492.8 |
1.2 |
29.5 |
0.3 |
36.9 |
3,834.2 |
3,156.7 |
559.6 |
677.5 |
613.3 |
-1,260.8 |
131.4 |
236.7 |
172.0 |
846.1 |
253.1 |
|||||
| Nov-25 | 2,679.9 |
2,652.9 |
2,080.2 |
268.4 |
1,300.8 |
28.7 |
572.5 |
4.2 |
44.2 |
0.2 |
27.0 |
3,783.9 |
3,254.6 |
639.8 |
529.4 |
473.8 |
-1,104.1 |
482.4 |
285.0 |
210.3 |
521.3 |
727.5 |
|||||
| Dec-25 | 5,204.5 |
5,078.2 |
2,579.9 |
252.2 |
1,721.1 |
54.6 |
1,598.6 |
507.1 |
518.9 |
899.7 |
126.3 |
6,682.6 |
5,169.7 |
619.6 |
1,512.9 |
1,289.5 |
-1,478.1 |
190.9 |
270.5 |
189.5 |
1,195.9 |
1,315.4 |
|||||
| 2026 | Jan-26 | 4,838.5 |
4,835.6 |
4,003.2 |
230.9 |
1,798.3 |
703.0 |
832.3 |
- |
90.1 |
0.1 |
2.9 |
3,276.1 |
2,960.1 |
612.2 |
316.0 |
308.3 |
1,562.5 |
260.4 |
177.8 |
199.1 |
318.0 |
66.7 |
||||
| Feb-26 | 3,351.6 |
3,305.2 |
2,675.0 |
200.8 |
1,461.7 |
446.5 |
629.9 |
- |
18.7 |
0.3 |
46.4 |
3,323.5 |
3,011.4 |
621.9 |
312.1 |
280.1 |
28.0 |
364.4 |
26.9 |
232.2 |
331.3 |
124.8 |
|||||
| Mar-26 | 4,519.0 |
4,485.2 |
3,470.4 |
270.4 |
2,402.2 |
45.0 |
1,014.7 |
- |
440.2 |
0.1 |
33.7 |
4,259.6 |
3,621.4 |
639.4 |
638.2 |
590.5 |
259.4 |
8,062.1 |
94.2 |
288.9 |
652.1 |
50.5 |
|||||
| Apr-26 | 3,487.1 |
3,460.1 |
2,653.6 |
439.6 |
1,670.6 |
34.9 |
806.2 |
203.3 |
128.5 |
0.3 |
27.1 |
4,128.2 |
3,591.4 |
648.7 |
536.8 |
487.4 |
-641.1 |
132.3 |
34.5 |
199.9 |
521.5 |
31.1 |
|||||
| May-26 | 2,846.8 |
2,562.4 |
1,942.7 |
235.5 |
1,154.2 |
98.0 |
619.5 |
137.1 |
7.2 |
0.1 |
284.4 |
4,538.1 |
3,989.7 |
637.7 |
548.4 |
444.7 |
-1,691.3 |
94.9 |
276.1 |
169.8 |
509.0 |
61.3 |
|||||
| Jun-26 | 3,452.4 |
3,409.9 |
2,423.7 |
333.1 |
1,085.0 |
283.7 |
986.1 |
123.7 |
411.1 |
0.2 |
42.5 |
4,286.2 |
3,608.2 |
660.0 |
678.0 |
571.2 |
-833.8 |
288.7 |
105.1 |
139.5 |
550.9 |
129.7 |
|||||
| 2025 | Jan-Jun | 20,128.2 |
19,957.7 |
15,158.4 |
1,487.0 |
8,727.6 |
1,549.6 |
4,798.4 |
411.2 |
1,004.7 |
0.9 |
170.5 |
18,997.9 |
16,717.0 |
3,217.7 |
2,280.9 |
1,955.7 |
1,130.3 |
3,265.0 |
1,137.7 |
1,081.1 |
2,746.4 |
1,079.2 |
||||
| 2026 | Jan-Jun | 22,495.4 |
22,058.4 |
17,168.6 |
1,710.4 |
9,572.1 |
1,611.2 |
4,888.8 |
464.0 |
1,095.9 |
1.1 |
437.0 |
23,811.7 |
20,782.2 |
3,819.9 |
3,029.5 |
2,682.1 |
-1,316.3 |
9,202.7 |
714.6 |
1,229.4 |
2,882.7 |
464.0 |
||||
| Source: Ministry of Finance and Public Enterprises | |||||||||||||||||||||||||||
| 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 Public Enterprises. | |||||||||||||||||||||||||||