{"id":2162,"date":"2021-09-22T10:03:27","date_gmt":"2021-09-22T05:03:27","guid":{"rendered":"https:\/\/mbt.mv\/?p=2162"},"modified":"2021-09-22T10:03:27","modified_gmt":"2021-09-22T05:03:27","slug":"state-expenditure-cross-over-mvr20-2bn-deficit-at-mvr7-7bn","status":"publish","type":"post","link":"https:\/\/mbt.mv\/?p=2162","title":{"rendered":"State expenditure cross over MVR20.2bn, deficit at MVR7.7bn"},"content":{"rendered":"<p>The cumulative total of state expenditure has reached MVR20,219.4 million (MVR20.2 billion) as of 16th September, reports Ministry of Finance.<\/p>\n<p>Moreover, the state body confirms that the cumulative total of state revenues inclusive of grants have reached MVR12,535.2 million (MVR12.5 billion) by the review period.<\/p>\n<p>The expenditure composition confirms 76% of the total spending were concentrated towards recurrent expenses and the remaining 24% on capital expenses. On the other hand, revenue composition reveals that 73% of the total came from tax sources and the remaining 27% from non-tax sources.<\/p>\n<p>Furthermore, the overall balance for the review period is a deficit of MVR7,684.1 million (MVR7.7 billion).<\/p>\n<p>Meanwhile, the net issuance for the week from 12th to 16th September was a surplus of MVR233.66 million.<\/p>\n<p>The cumulative total of tax revenues as of the review period is MVR9,151.3 million (MVR9.2 billion) while the cumulative total of non-tax revenues by the review period stood at MVR2,987.3 million (MVR2.99 billion).<\/p>\n<p>In addition to this, the Maldives government has received MVR392.6 million in foreign grants.<\/p>\n<p>On the other hand, the total recurrent expenditure stood at MVR15,464.5 million (MVR15.5 billion) while the capital expenditure reached MVR4,754.9 million (MVR4.8 billion) as of 16th September.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The cumulative total of state expenditure has reached MVR20,219.4 million (MVR20.2 billion) as of 16th September, reports Ministry of Finance. Moreover, the state body confirms that the cumulative total of state revenues inclusive of grants have reached MVR12,535.2 million (MVR12.5 billion) by the review period. The expenditure composition confirms 76% of the total spending were<\/p>\n","protected":false},"author":4,"featured_media":2103,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2424,2428],"tags":[295,1301,1481,1603,1727,1773,2038],"class_list":{"0":"post-2162","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-finance","8":"category-public-sector","9":"tag-capital-expenditure","10":"tag-maldives-government","11":"tag-ministry-of-finance","12":"tag-non-tax-revenue","13":"tag-public-finance","14":"tag-recurrent-expenditure","15":"tag-tax-revenue"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.0 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>State expenditure cross over MVR20.2bn, deficit at MVR7.7bn - 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=2162\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"State expenditure cross over MVR20.2bn, deficit at MVR7.7bn - Maldives Business Times\" \/>\n<meta property=\"og:description\" content=\"The cumulative total of state expenditure has reached MVR20,219.4 million (MVR20.2 billion) as of 16th September, reports Ministry of Finance. Moreover, the state body confirms that the cumulative total of state revenues inclusive of grants have reached MVR12,535.2 million (MVR12.5 billion) by the review period. The expenditure composition confirms 76% of the total spending were\" \/>\n<meta property=\"og:url\" content=\"https:\/\/mbt.mv\/?p=2162\" \/>\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=\"2021-09-22T05:03:27+00:00\" \/>\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=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/mbt.mv\/?p=2162#article\",\"isPartOf\":{\"@id\":\"https:\/\/mbt.mv\/?p=2162\"},\"author\":{\"name\":\"Mohamed Reehaan\",\"@id\":\"https:\/\/mbt.mv\/#\/schema\/person\/a0eedc1134716e7c8e4da095494670c2\"},\"headline\":\"State expenditure cross over MVR20.2bn, deficit at MVR7.7bn\",\"datePublished\":\"2021-09-22T05:03:27+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/mbt.mv\/?p=2162\"},\"wordCount\":203,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/mbt.mv\/#organization\"},\"image\":{\"@id\":\"https:\/\/mbt.mv\/?p=2162#primaryimage\"},\"thumbnailUrl\":\"\",\"keywords\":[\"Capital Expenditure\",\"Maldives Government\",\"Ministry of Finance\",\"Non Tax Revenue\",\"Public Finance\",\"Recurrent Expenditure\",\"Tax Revenue\"],\"articleSection\":[\"FINANCE\",\"PUBLIC SECTOR\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/mbt.mv\/?p=2162#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/mbt.mv\/?p=2162\",\"url\":\"https:\/\/mbt.mv\/?p=2162\",\"name\":\"State expenditure cross over MVR20.2bn, deficit at MVR7.7bn - Maldives Business Times\",\"isPartOf\":{\"@id\":\"https:\/\/mbt.mv\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/mbt.mv\/?p=2162#primaryimage\"},\"image\":{\"@id\":\"https:\/\/mbt.mv\/?p=2162#primaryimage\"},\"thumbnailUrl\":\"\",\"datePublished\":\"2021-09-22T05:03:27+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/mbt.mv\/?p=2162#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/mbt.mv\/?p=2162\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/mbt.mv\/?p=2162#primaryimage\",\"url\":\"\",\"contentUrl\":\"\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/mbt.mv\/?p=2162#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/mbt.mv\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"State expenditure cross over MVR20.2bn, deficit at MVR7.7bn\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/mbt.mv\/#website\",\"url\":\"https:\/\/mbt.mv\/\",\"name\":\"Maldives Business Times\",\"description\":\"Maldives Business Times delivers timely and in-depth English news on business, economy, and breaking events in the Maldives.\",\"publisher\":{\"@id\":\"https:\/\/mbt.mv\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/mbt.mv\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/mbt.mv\/#organization\",\"name\":\"Maldives Business Times\",\"url\":\"https:\/\/mbt.mv\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/mbt.mv\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/mbt.mv\/wp-content\/uploads\/2025\/02\/background_removed_image_x5KLRjOsQMGL6jgPS4Hiew.png\",\"contentUrl\":\"https:\/\/mbt.mv\/wp-content\/uploads\/2025\/02\/background_removed_image_x5KLRjOsQMGL6jgPS4Hiew.png\",\"width\":1312,\"height\":736,\"caption\":\"Maldives Business Times\"},\"image\":{\"@id\":\"https:\/\/mbt.mv\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/mvbiztimes\",\"https:\/\/x.com\/mvbiztimes\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/mbt.mv\/#\/schema\/person\/a0eedc1134716e7c8e4da095494670c2\",\"name\":\"Mohamed Reehaan\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/mbt.mv\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/ac0f3a9111db774c387735910f0eeee4432a0db79cc936fe00f3f0fb05f1af6c?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/ac0f3a9111db774c387735910f0eeee4432a0db79cc936fe00f3f0fb05f1af6c?s=96&d=mm&r=g\",\"caption\":\"Mohamed Reehaan\"},\"url\":\"https:\/\/mbt.mv\/?author=4\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"State expenditure cross over MVR20.2bn, deficit at MVR7.7bn - Maldives Business Times","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/mbt.mv\/?p=2162","og_locale":"en_US","og_type":"article","og_title":"State expenditure cross over MVR20.2bn, deficit at MVR7.7bn - Maldives Business Times","og_description":"The cumulative total of state expenditure has reached MVR20,219.4 million (MVR20.2 billion) as of 16th September, reports Ministry of Finance. Moreover, the state body confirms that the cumulative total of state revenues inclusive of grants have reached MVR12,535.2 million (MVR12.5 billion) by the review period. The expenditure composition confirms 76% of the total spending were","og_url":"https:\/\/mbt.mv\/?p=2162","og_site_name":"Maldives Business Times","article_publisher":"https:\/\/www.facebook.com\/mvbiztimes","article_published_time":"2021-09-22T05:03:27+00:00","author":"Mohamed Reehaan","twitter_card":"summary_large_image","twitter_creator":"@mvbiztimes","twitter_site":"@mvbiztimes","twitter_misc":{"Written by":"Mohamed Reehaan","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/mbt.mv\/?p=2162#article","isPartOf":{"@id":"https:\/\/mbt.mv\/?p=2162"},"author":{"name":"Mohamed Reehaan","@id":"https:\/\/mbt.mv\/#\/schema\/person\/a0eedc1134716e7c8e4da095494670c2"},"headline":"State expenditure cross over MVR20.2bn, deficit at MVR7.7bn","datePublished":"2021-09-22T05:03:27+00:00","mainEntityOfPage":{"@id":"https:\/\/mbt.mv\/?p=2162"},"wordCount":203,"commentCount":0,"publisher":{"@id":"https:\/\/mbt.mv\/#organization"},"image":{"@id":"https:\/\/mbt.mv\/?p=2162#primaryimage"},"thumbnailUrl":"","keywords":["Capital Expenditure","Maldives Government","Ministry of Finance","Non Tax Revenue","Public Finance","Recurrent Expenditure","Tax Revenue"],"articleSection":["FINANCE","PUBLIC SECTOR"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/mbt.mv\/?p=2162#respond"]}]},{"@type":"WebPage","@id":"https:\/\/mbt.mv\/?p=2162","url":"https:\/\/mbt.mv\/?p=2162","name":"State expenditure cross over MVR20.2bn, deficit at MVR7.7bn - Maldives Business Times","isPartOf":{"@id":"https:\/\/mbt.mv\/#website"},"primaryImageOfPage":{"@id":"https:\/\/mbt.mv\/?p=2162#primaryimage"},"image":{"@id":"https:\/\/mbt.mv\/?p=2162#primaryimage"},"thumbnailUrl":"","datePublished":"2021-09-22T05:03:27+00:00","breadcrumb":{"@id":"https:\/\/mbt.mv\/?p=2162#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/mbt.mv\/?p=2162"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/mbt.mv\/?p=2162#primaryimage","url":"","contentUrl":""},{"@type":"BreadcrumbList","@id":"https:\/\/mbt.mv\/?p=2162#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/mbt.mv\/"},{"@type":"ListItem","position":2,"name":"State expenditure cross over MVR20.2bn, deficit at MVR7.7bn"}]},{"@type":"WebSite","@id":"https:\/\/mbt.mv\/#website","url":"https:\/\/mbt.mv\/","name":"Maldives Business Times","description":"Maldives Business Times delivers timely and in-depth English news on business, economy, and breaking events in the Maldives.","publisher":{"@id":"https:\/\/mbt.mv\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/mbt.mv\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/mbt.mv\/#organization","name":"Maldives Business Times","url":"https:\/\/mbt.mv\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/mbt.mv\/#\/schema\/logo\/image\/","url":"https:\/\/mbt.mv\/wp-content\/uploads\/2025\/02\/background_removed_image_x5KLRjOsQMGL6jgPS4Hiew.png","contentUrl":"https:\/\/mbt.mv\/wp-content\/uploads\/2025\/02\/background_removed_image_x5KLRjOsQMGL6jgPS4Hiew.png","width":1312,"height":736,"caption":"Maldives Business Times"},"image":{"@id":"https:\/\/mbt.mv\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/mvbiztimes","https:\/\/x.com\/mvbiztimes"]},{"@type":"Person","@id":"https:\/\/mbt.mv\/#\/schema\/person\/a0eedc1134716e7c8e4da095494670c2","name":"Mohamed Reehaan","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/mbt.mv\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/ac0f3a9111db774c387735910f0eeee4432a0db79cc936fe00f3f0fb05f1af6c?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/ac0f3a9111db774c387735910f0eeee4432a0db79cc936fe00f3f0fb05f1af6c?s=96&d=mm&r=g","caption":"Mohamed Reehaan"},"url":"https:\/\/mbt.mv\/?author=4"}]}},"_links":{"self":[{"href":"https:\/\/mbt.mv\/index.php?rest_route=\/wp\/v2\/posts\/2162","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mbt.mv\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mbt.mv\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mbt.mv\/index.php?rest_route=\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/mbt.mv\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=2162"}],"version-history":[{"count":0,"href":"https:\/\/mbt.mv\/index.php?rest_route=\/wp\/v2\/posts\/2162\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mbt.mv\/index.php?rest_route=\/"}],"wp:attachment":[{"href":"https:\/\/mbt.mv\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2162"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mbt.mv\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2162"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mbt.mv\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2162"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}