{"id":16479,"date":"2026-01-21T13:29:58","date_gmt":"2026-01-21T08:29:58","guid":{"rendered":"https:\/\/mbt.mv\/?p=16479"},"modified":"2026-01-21T13:29:58","modified_gmt":"2026-01-21T08:29:58","slug":"government-completes-2025-with-a-mvr-3-48-bn-deficit","status":"publish","type":"post","link":"https:\/\/mbt.mv\/?p=16479","title":{"rendered":"Government completes 2025 with a MVR 3.48 bn deficit"},"content":{"rendered":"<p>The most recent updates from the Ministry of Finance confirms the current government concluded 2025 with a deficit of MVR 3.48 billion.<\/p>\n<p>As per the latest statistics from the ministry, the government spent MVR 43.12 billion last year out of the approved MVR 49.2 billion state budget. As for earnings, while projections put the annual income at MVR 39.8 billion, government earned MVR 39.6 billion by the year-end.<\/p>\n<h2>Revenue Breakdown:<\/h2>\n<ul>\n<li>Tax Revenues: MVR 29.2 billion<\/li>\n<li>Non-tax Revenues: MVR 10.04 billion<\/li>\n<li>Grants: MVR 415.2 million<\/li>\n<\/ul>\n<p>Looking at the total revenues of the state last year, tax revenues increased from MVR 26.4 billion in 2024 to MVR 29.2 billion last year. As for non-tax revenues, total went from MVR 8.1 billion to MVR 10.04 billion.<\/p>\n<p>Grants however, saw a decline from MVR 676.2 million in 2024 to MVR 415.2 million in 2025.<\/p>\n<h2>Expenditure Breakdown:<\/h2>\n<ul>\n<li>Recurrent Expenditure: MVR 36.3 billion<\/li>\n<li>Capital Expenditure: MVR 6.8 billion<\/li>\n<\/ul>\n<p>While recurrent expenditure saw an increment from MVR 34.9 billion in 2024 to MVR 36.3 billion last year, capital expenditure saw a significant drop in 2025 from MVR 13.3 billion in 2024.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The most recent updates from the Ministry of Finance confirms the current government concluded 2025 with a deficit of MVR 3.48 billion. As per the latest statistics from the ministry, the government spent MVR 43.12 billion last year out of the approved MVR 49.2 billion state budget. As for earnings, while projections put the annual<\/p>\n","protected":false},"author":4,"featured_media":16480,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2424,2981,2464,2506,2507],"tags":[1301,1481,1697,2332],"class_list":{"0":"post-16479","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-finance","8":"category-government","9":"category-local-news","10":"category-top-stories-block","11":"category-top-stories-featured-area","12":"tag-maldives-government","13":"tag-ministry-of-finance","14":"tag-popular","15":"tag-weekly-fiscal-developments"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.0 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Government completes 2025 with a MVR 3.48 bn deficit - Maldives Business Times<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/mbt.mv\/?p=16479\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Government completes 2025 with a MVR 3.48 bn deficit - Maldives Business Times\" \/>\n<meta property=\"og:description\" content=\"The most recent updates from the Ministry of Finance confirms the current government concluded 2025 with a deficit of MVR 3.48 billion. As per the latest statistics from the ministry, the government spent MVR 43.12 billion last year out of the approved MVR 49.2 billion state budget. As for earnings, while projections put the annual\" \/>\n<meta property=\"og:url\" content=\"https:\/\/mbt.mv\/?p=16479\" \/>\n<meta property=\"og:site_name\" content=\"Maldives Business Times\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/mvbiztimes\" \/>\n<meta property=\"article:published_time\" content=\"2026-01-21T08:29:58+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/mbt.mv\/wp-content\/uploads\/2026\/01\/Muizzu.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"853\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Mohamed Reehaan\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@mvbiztimes\" \/>\n<meta name=\"twitter:site\" content=\"@mvbiztimes\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Mohamed Reehaan\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/mbt.mv\/?p=16479#article\",\"isPartOf\":{\"@id\":\"https:\/\/mbt.mv\/?p=16479\"},\"author\":{\"name\":\"Mohamed Reehaan\",\"@id\":\"https:\/\/mbt.mv\/#\/schema\/person\/a0eedc1134716e7c8e4da095494670c2\"},\"headline\":\"Government completes 2025 with a MVR 3.48 bn deficit\",\"datePublished\":\"2026-01-21T08:29:58+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/mbt.mv\/?p=16479\"},\"wordCount\":165,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/mbt.mv\/#organization\"},\"image\":{\"@id\":\"https:\/\/mbt.mv\/?p=16479#primaryimage\"},\"thumbnailUrl\":\"https:\/\/mbt.mv\/wp-content\/uploads\/2026\/01\/Muizzu.jpg\",\"keywords\":[\"Maldives Government\",\"Ministry of Finance\",\"popular\",\"Weekly Fiscal Developments\"],\"articleSection\":[\"FINANCE\",\"Government\",\"Local News\",\"TOP STORIES - 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