The Maldives had spent MVR 41.59 billion of its MVR 55 billion 2024 National Budget as of 7 November, according to the Ministry of Finance's Weekly Fiscal Development Report. Expenditure excluding loan repayments was MVR 39.5 billion, while revenue plus grant aid reached MVR 29.3 billion in revenue alone.
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The state, as of 7 November, has spent MVR 41.59 billion of the National Budget 2024, including for expenditure on loan repayments, according to the latest Weekly Fiscal Development Report by the Ministry of Finance.
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The state, as of 7 November, has spent MVR 41.59 billion of the National Budget 2024, including for expenditure on loan repayments
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Total spending over the same period last year was MVR 41.2 billion.
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The total National Budget for 2024 stands at MVR 55 billion — including the MVR 5.5 billion supplementary budget approved by parliament last month.
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Earlier reports gave MVR 49.8 billion 13 Dec, 23:15 Maldives Republic
State expenditure, excluding loan repayments, amounted to MVR 39.5 billion, of which 71 percent, or MVR 28.1 billion, was recurrent expenditure.
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While MVR 11.2 billion was spent on salaries, allowances, and pensions, MVR 16.8 billion went towards administrative and operating expenses.
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expenditure on salaries, allowances, and pensions stood at MVR 9.9 billion over the same period last year
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2.2 billion lower than the MVR 10.2 billion over the same period last year.
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The state has collected MVR 29.3 billion in revenue so far this year, including MVR 22.4 billion in taxes and MVR 6.3 billion in non-tax revenue.
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including MVR 22.4 billion in taxes and MVR 6.3 billion in non-tax revenue.
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Earlier reports gave MVR 9.2 billion 10 May, 19:36 Maldives RepublicMVR 3.9 billion 25 Feb, 13:46 Maldives Republic
including MVR 22.4 billion in taxes and MVR 6.3 billion in non-tax revenue.
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Earlier reports gave MVR 328 million 9 Feb, 22:53 Maldives Republic
In addition, the state received the equivalent of MVR 565 million in grant aid.
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Revenue, combined with grant aid, stood at MVR 28.9 billion over the same period last year.
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including the MVR 5.5 billion supplementary budget approved by parliament last month.
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The total National Budget for 2024 stands at MVR 55 billion — including the MVR 5.5 billion supplementary budget approved by parliament last month.
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