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Revenue Surges, Spending Drops: Maldives Government Reports Strong Fiscal Performance
The Maldives government recorded a fiscal surplus of MVR 1.3 billion in the first 10 weeks of the 2025 financial year, with revenue of MVR 7.8 billion exceeding expenditure of MVR 6.5 billion between January 1 and March 13. Revenue rose 5.4% year-on-year while spending fell 16%, according to the Ministry of Finance.
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MVR 1.3 billionfiscal surplusThe StandardThe Maldivian Government has recorded a fiscal surplus of MVR 1.3 billion in the first 10 weeks of the 2025 financial year, with state revenue surpassing expenditure, according to the Ministry of Finance’s latest report.
Word for word from the report in The Standard. Open the report
MVR 7.8 billionstate revenueThe StandardThe government’s revenue between January 1 and March 13 amounted to MVR 7.8 billion, outpacing its expenditure of MVR 6.5 billion during the same period.
Word for word from the report in The Standard. Open the report
MVR 6.5 billiongovernment expenditureThe StandardThe government’s revenue between January 1 and March 13 amounted to MVR 7.8 billion, outpacing its expenditure of MVR 6.5 billion during the same period.
Word for word from the report in The Standard. Open the report
5.4%revenue growth year-on-yearThe Standardrevenue increased by 5.4% compared to the first quarter of 2024, which saw a total revenue of MVR 7.4 billion.
Word for word from the report in The Standard. Open the report
MVR 7.4 billiontotal revenue in first quarter of 2024The Standardrevenue increased by 5.4% compared to the first quarter of 2024, which saw a total revenue of MVR 7.4 billion.
Word for word from the report in The Standard. Open the report
16%spending decrease year-on-yearThe Standardthe government’s spending decreased by 16% compared to the previous year.
Word for word from the report in The Standard. Open the report
MVR 7.8 billiongovernment expenditure in first 10 weeks of 2024The StandardIn the first 10 weeks of 2024, government expenditure amounted to MVR 7.8 billion, but for the current year, it stood at MVR 6.5 billion.
Word for word from the report in The Standard. Open the report