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Economy economy / fiscal policy Maldives Impact 8.0/10 2 min read
Guided by President Muizzu, Maldives Achieves MVR 16.7B in Revenues — A Sign of Renewed Stability

Guided by President Muizzu, Maldives Achieves MVR 16.7B in Revenues — A Sign of Renewed Stability

The Maldives achieved a budget surplus of MVR 1.1 billion as of June 5, 2025, according to the Ministry of Finance and Planning's Weekly Fiscal Developments report. Total revenue and grants reached MVR 16.7 billion, exceeding expenditures of MVR 15.6 billion. Tourism Goods and Services Tax (TGST) contributed MVR 5.6 billion. Non-tax revenue rose 20% to MVR 3.5 billion. The government transferred MVR 903 million to the Sovereign Development Fund and allocated MVR 1.5 billion for investments and student loans. Loan repayments stood at MVR 3 billion.

The Maldives achieved a budget surplus of MVR 1.1 billion as of June 5, 2025, according to the Ministry of Finance and Planning's Weekly Fiscal Developments report. Total revenue and grants reached MVR 16.7 billion, exceeding expenditures of MVR 15.6 billion. Tourism Goods and Services Tax (TGST) contributed MVR 5.6 billion. Non-tax revenue rose 20% to MVR 3.5 billion. The government transferred MVR 903 million to the Sovereign Development Fund and allocated MVR 1.5 billion for investments and student loans. Loan repayments stood at MVR 3 billion.

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The Standard

Published

Jun 12, 2025

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The Maldives achieved a budget surplus of MVR 1.1 billion as of June 5, 2025, according to the Ministry of Finance and Planning's Weekly Fiscal Developments report. Total revenue and grants reached MVR 16.7 billion, exceeding expenditures of MVR 15.6 billion. Tourism Goods and Services Tax (TGST) contributed MVR 5.6 billion. Non-tax revenue rose 20% to MVR 3.5 billion. The government transferred MVR 903 million to the Sovereign Development Fund and allocated MVR 1.5 billion for investments and student loans. Loan repayments stood at MVR 3 billion.

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Focus: Guided by President Muizzu, Maldives Achieves MVR 16.7B in Revenues — A Sign of Renewed Stability

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