National Budget 2025: Government Proposes MVR 56.6 Billion Budget

Finance Minister Moosa Zameer presented the 2025 national budget to Parliament on 31 October 2024. The proposed budget is MVR 56.6 billion, with expenditure capped at MVR 49.2 billion, including MVR 35.9 billion for recurrent and MVR 13.3 billion for capital expenditure. An additional MVR 3.9 billion is allocated for state debt repayment, MVR 378 million for state-owned company investments, and MVR 3.2 billion for loans, including MVR 1 billion for housing loans at 5% interest. The government expects MVR 39.8 billion in revenue and grants, resulting in a MVR 9.4 billion deficit.

Finance Minister Moosa Zameer presented the 2025 national budget to Parliament on 31 October 2024. The proposed budget is MVR 56.6 billion, with expenditure capped at MVR 49.2 billion, including MVR 35.9 billion for recurrent and MVR 13.3 billion for capital expenditure. An additional MVR 3.9 billion is allocated for state debt repayment, MVR 378 million for state-owned company investments, and MVR 3.2 billion for loans, including MVR 1 billion for housing loans at 5% interest. The government expects MVR 39.8 billion in revenue and grants, resulting in a MVR 9.4 billion deficit.

Finance Minister Moosa Zameer presented the 2025 national budget to Parliament on 31 October 2024. The proposed budget is MVR 56.6 billion, with expenditure capped at MVR 49.2 billion, including MVR 35.9 billion for recurrent and MVR 13.3 billion for capital expenditure. An additional MVR 3.9 billion is allocated for state debt repayment, MVR 378 million for state-owned company investments, and MVR 3.2 billion for loans, including MVR 1 billion for housing loans at 5% interest. The government expects MVR 39.8 billion in revenue and grants, resulting in a MVR 9.4 billion deficit.

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