Table 6.4 Central Government Revenue & Expenditure, 2023 - 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) | ||||||
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 | 4,072.5 |
4,070.5 |
3,622.5 |
314.4 |
1,413.9 |
1,021.5 |
447.6 |
- |
74.2 |
0.4 |
2.6 |
-0.7 |
3,391.1 |
2,675.8 |
449.3 |
715.3 |
559.1 |
681.4 |
-1.6 |
-30.1 |
||||
Feb-24 | 2,896.7 |
2,873.9 |
2,313.9 |
242.6 |
1,633.2 |
50.1 |
559.7 |
50.0 |
42.5 |
0.2 |
24.1 |
-1.3 |
4,023.3 |
2,881.4 |
465.4 |
1,141.9 |
902.8 |
-1,126.6 |
16.3 |
20.0 |
|||||
Mar-24 | 3,413.7 |
3,399.7 |
2,612.2 |
251.4 |
1,518.8 |
37.9 |
779.7 |
10.0 |
363.8 |
7.8 |
16.8 |
-2.8 |
4,850.5 |
3,204.4 |
504.8 |
1,646.0 |
1,415.3 |
-1,436.8 |
21.5 |
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 |
3,741.2 |
2,679.3 |
536.3 |
1,061.8 |
765.3 |
-1,054.3 |
13.5 |
-0.1 |
|||||
May-24 | 2,517.2 |
2,433.7 |
1,753.6 |
300.3 |
1,102.2 |
22.4 |
679.7 |
308.0 |
12.7 |
0.4 |
84.3 |
-0.8 |
4,667.8 |
2,929.0 |
512.8 |
1,738.8 |
1,389.2 |
-2,150.6 |
2.2 |
26.5 |
|||||
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 |
3,004.4 |
2,394.8 |
514.6 |
609.6 |
440.5 |
-562.7 |
-20.0 |
-14.9 |
|||||
Jul-24 | 3,543.3 |
3,509.3 |
2,893.2 |
278.8 |
977.3 |
862.8 |
615.5 |
- |
117.9 |
0.6 |
34.3 |
-0.2 |
4,307.1 |
2,837.2 |
520.0 |
1,469.9 |
509.6 |
-763.8 |
-13.4 |
9.6 |
|||||
Aug-24 | 2,633.9 |
2,617.4 |
2,001.3 |
266.4 |
1,066.0 |
189.6 |
615.9 |
104.6 |
29.6 |
0.2 |
16.7 |
-0.2 |
3,457.9 |
2,516.1 |
522.0 |
941.7 |
746.8 |
-824.0 |
6.4 |
-23.6 |
|||||
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 |
4,888.9 |
3,489.4 |
524.8 |
1,399.6 |
1,168.4 |
-1,873.1 |
43.1 |
36.1 |
|||||
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 |
4,246.3 |
2,783.8 |
519.6 |
1,462.6 |
1,207.8 |
-1,733.5 |
-3.6 |
19.4 |
|||||
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 |
4,093.3 |
2,561.6 |
532.0 |
1,531.6 |
1,268.9 |
-1,854.9 |
1.0 |
8.7 |
|||||
Dec-24 | 2,981.6 |
2,920.6 |
2,039.6 |
232.6 |
1,428.5 |
5.6 |
879.7 |
9.4 |
378.6 |
1.4 |
90.2 |
-29.2 |
6,019.9 |
3,920.6 |
529.9 |
2,099.3 |
1,768.4 |
-3,038.3 |
-10.5 |
0.6 |
|||||
2023 | Jan-Dec | 34,151.3 |
33,185.6 |
24,073.2 |
3,480.3 |
13,239.3 |
2,802.9 |
8,806.1 |
740.3 |
1,764.6 |
306.3 |
1,010.1 |
-44.4 |
48,673.3 |
32,290.3 |
5,343.0 |
16,383.0 |
11,980.5 |
-14,522.0 |
19.8 |
22.1 |
||||
2024 | Jan-Dec | 34,954.4 |
34,350.6 |
26,390.8 |
3,453.3 |
14,561.8 |
2,775.8 |
7,946.7 |
582.0 |
1,883.5 |
13.1 |
676.2 |
-72.4 |
50,691.6 |
34,873.5 |
6,131.5 |
15,818.1 |
12,142.2 |
-15,737.2 |
2.4 |
4.1 |
||||
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. |