Budget
Sent to People's Majilis for approval
The government budget summary consists of three tables : a table of the government expenditure , revenue and financing at the broad
heading, a table on funds receipts and disbursements , and a table on the main components of government expenditure and revenue.
Budget
In Maldivian Rufiyaa
2016
2017
2018
2019
2020
Actual
Revised
Budgeted
Budgeted
Budgeted
Government Expenditures
Total Budget
26,802,653,623
27,002,541,065
27,966,303,968
27,962,207,993
27,433,598,196
Recurrent Expenditures
16,141,004,693
15,105,863,303
16,066,226,924
15,948,499,094
16,108,904,002
Wages & Salaries
4,029,626,831
4,002,074,871
4,092,091,016
4,073,279,875
4,073,284,875
Allowances
2,868,903,556
3,085,696,532
3,465,873,877
3,464,175,077
3,464,175,077
Social Security Benefits
2,028,702,207
1,453,849,279
1,196,299,587
1,218,777,187
1,241,704,339
Pension expenditure
1,256,242,669
1,265,652,454
1,278,029,339
1,298,725,065
1,320,220,939
Retirement Benefits
183,272,481
191,574,443
192,039,956
195,880,754
199,798,370
Administrative Recurrent Expenditures
3,380,165,777
3,137,563,055
3,278,461,859
3,095,209,965
3,106,026,361
Interest Payments
1,182,289,116
1,265,820,565
1,436,522,313
1,510,737,936
1,605,581,428
Subsidies & Welfare Payments
492,596,332
242,209,295
594,000,000
594,240,000
594,484,800
Subscription & Membership Fees
26,479,656
29,613,544
28,561,359
29,154,393
29,763,868
Indemnities & Relief Against Natural calamities
92,763,536
98,541,834
67,851,772
63,482,546
63,717,935
Training
456,031,434
210,680,967
293,497,156
261,222,203
265,027,260
Assistance to associations & social Organisations
83,064,661
65,617,201
84,637,716
84,099,200
84,219,155
Assistance for community programmes
60,866,435
56,969,262
58,360,974
59,514,893
60,899,595
Capital Expenditures
10,661,648,930
11,896,677,763
11,900,077,044
12,013,708,899
11,324,694,194
Capital Equipments
716,442,073
361,189,067
277,063,512
92,696,269
37,026,429
Budget Contingency
-
-
400,000,000
400,000,000
400,000,000
Public Sector Investment Program (Regular Budget & Trust Fund)
4,147,736,768
2,961,040,088
3,666,609,379
2,115,724,348
739,475,627
Public Sector Investment Program (Foreign Funded Projects)
2,931,295,417
2,780,458,278
3,420,821,303
5,168,097,498
5,842,659,105
Loan Repayment
1,382,382,330
4,294,041,230
2,183,747,599
2,326,669,337
2,977,987,990
Transfers to Sovereign Development Fund
-
377,000,000
855,103,621
893,544,242
931,878,868
Development Projects
924,199,609
516,309,941
706,731,630
626,977,205
305,666,175
Loan Outlays
559,592,734
606,639,159
390,000,000
390,000,000
90,000,000
Government Receipts
Total Receipts
21,722,635,161
23,424,440,969
25,480,699,624
27,748,423,517
29,309,253,052
Revenue and Grants of Government Offices
18,735,361,473
20,980,152,948
22,612,873,051
23,289,445,207
24,049,996,890
Revenue of Government Offices
18,312,886,024
20,114,658,403
21,754,430,903
22,275,616,256
23,245,396,093
Tax Revenues
13,293,027,889
14,595,288,942
16,300,988,766
16,717,132,184
17,700,388,447
Interest, Profit and Dividends
663,903,718
1,141,118,135
1,286,890,982
1,311,247,073
1,341,864,937
Other Non - Tax Revenues
4,199,111,725
4,213,687,344
3,954,906,326
4,047,967,727
4,040,415,478
Subsidiary Loan Repayment
156,842,692
164,563,982
211,644,828
199,269,273
162,727,232
Revenues to Trust Funds
169,349,682
147,291,043
124,743,630
127,472,285
130,315,503
Revenues to Trust Funds
169,349,682
147,291,043
124,743,630
127,472,285
130,315,503
Grants
253,125,768
718,203,502
733,698,517
886,356,666
674,285,293
Project Grants
173,189,538
581,986,975
700,340,312
851,263,461
638,777,088
Cash Grants
79,936,230
136,216,527
33,358,205
35,093,205
35,508,205
Loans
2,987,273,687
2,444,288,021
2,867,826,573
4,458,978,310
5,259,256,162
Project Loans
2,987,273,687
2,444,288,021
2,867,826,573
4,458,978,310
5,259,256,162