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State Expenditure at MVR 4 Billion; 30% Lower Than in 2023: Finance Ministry

The Ministry of Finance reported that state expenditure reached MVR 4 billion as of 15 February 2024, 30 percent below the MVR 5.9 billion spent over the same period in 2023. Revenue of MVR 4.4 billion exceeded expenditure by MVR 400 million, according to its weekly fiscal report.

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What are the key figures?

Sources 1carried it 1 of 19 news outlets we monitor
Figures7as written, with their sentences

One outlet so far Only Maldives Republic has reported this among the sources we monitor. A gap in what we monitor, not proof that others did not report it.

What happened

in order; days are read from the reports' words and dates
  1. Thu 15 Feb
    The Ministry of Finance published its weekly fiscal report on state expenditure and revenue as of 15 February. as of 15 February 2024 only Maldives Republic As of 15 February 2024, state revenue exceeded expenditure by MVR 400 million, according to the Finance Ministry data.

    Word for word from the report in Maldives Republic. Open the report

How the reporting differs

one source so far

Nothing to compare yet. If another monitored source reports it, its headline appears beside this one.

Figures in these reports

as written, with the sentence they come from
  • 30 percent Fall in expenditure year-on-year Maldives Republic expenditure as of 15 February was 30 percent lower than the MVR 5.9 billion spent over the same period last year.

    Word for word from the report in Maldives Republic. Open the report

  • MVR 5.9 billion Expenditure same period last year Maldives Republic expenditure as of 15 February was 30 percent lower than the MVR 5.9 billion spent over the same period last year.

    Word for word from the report in Maldives Republic. Open the report

  • MVR 3.1 billion Reduction in recurrent expenses Maldives Republic State expenditure has been reduced by MVR 3.1 billion on recurrent expenses and MVR 905 million on capital expenses.

    Word for word from the report in Maldives Republic. Open the report

  • MVR 905 million Reduction in capital expenses Maldives Republic State expenditure has been reduced by MVR 3.1 billion on recurrent expenses and MVR 905 million on capital expenses.

    Word for word from the report in Maldives Republic. Open the report

  • MVR 1 billion Salaries and allowances within recurrent expenses Maldives Republic The MVR 3.1 billion on recurrent expenses includes MVR 1 billion for salaries and allowances, and MVR 2.1 billion for administrative expenses.

    Word for word from the report in Maldives Republic. Open the report

  • MVR 2.1 billion Administrative expenses within recurrent expenses Maldives Republic The MVR 3.1 billion on recurrent expenses includes MVR 1 billion for salaries and allowances, and MVR 2.1 billion for administrative expenses.

    Word for word from the report in Maldives Republic. Open the report

  • MVR 400 million Surplus of revenue over expenditure Maldives Republic As of 15 February 2024, state revenue exceeded expenditure by MVR 400 million, according to the Finance Ministry data.

    Word for word from the report in Maldives Republic. Open the report

Subjects

sectors and approved topics, alphabetical
Public finance & tax

Named in these reports

alphabetical
Ministry of Finance