Business spending / Infrastructure Maldives Impact 7.0/10 Trending 2 min read

Spending on infrastructure projects increased

According to the Ministry of Finance's Weekly Fiscal Development Report, capital expenditure up to June 4 stood at MVR 2.32 billion, up from MVR 1.86 billion last year. Infrastructure spending was MVR 2 billion vs MVR 1.65 billion. State administrative costs rose to MVR 16.87 billion from MVR 14.47 billion. Salaries and pensions were MVR 6.6 billion, up MVR 600 million. Total recurrent and capital expenditure was MVR 19.2 billion, a 17.6% increase. Subsidies doubled to MVR 2.3 billion due to oil prices. Revenue rose to MVR 19.1 billion, up 10.1%, driven by TGST.

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Jun 16, 2026

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According to the Ministry of Finance's Weekly Fiscal Development Report, capital expenditure up to June 4 stood at MVR 2.32 billion, up from MVR 1.86 billion last year. Infrastructure spending was MVR 2 billion vs MVR 1.65 billion. State administrative costs rose to MVR 16.87 billion from MVR 14.47 billion. Salaries and pensions were MVR 6.6 billion, up MVR 600 million. Total recurrent and capital expenditure was MVR 19.2 billion, a 17.6% increase. Subsidies doubled to MVR 2.3 billion due to oil prices. Revenue rose to MVR 19.1 billion, up 10.1%, driven by TGST.

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