{"id":4975,"date":"2023-01-03T08:07:10","date_gmt":"2023-01-03T03:07:10","guid":{"rendered":"https:\/\/mbt.mv\/?p=4975"},"modified":"2023-01-03T08:07:10","modified_gmt":"2023-01-03T03:07:10","slug":"expenditures-at-mvr-36-3bn-deficit-at-mvr-10-1bn","status":"publish","type":"post","link":"https:\/\/mbt.mv\/?p=4975","title":{"rendered":"Expenditures at MVR 36.3bn, Deficit at MVR 10.1bn"},"content":{"rendered":"<p>The government expenditure reached MVR36.3 billion in annual terms by 22nd December 2022. The approved budget total for last year was MVR 39.9 billion following the inclusion of an MVR 5.8 billion supplementary budget.<\/p>\n<p>On the other hand, the state revenues inclusive of foreign grants reached MVR 26.2 billion by the review date, which is an excess of MVR 1.9 billion against the projected total of MVR 24.3 billion for 2022.<\/p>\n<p>The overall balance for the period is a deficit of MVR10.1 billion.<\/p>\n<h4>Revenues<\/h4>\n<ul>\n<li>Tax revenues: MVR 18.4 billion<\/li>\n<li>Non-tax revenues: MVR 7.6 billion<\/li>\n<li>Grants: MVR 331.4 million<\/li>\n<\/ul>\n<h4>Expenditures<\/h4>\n<ul>\n<li>Recurrent: MVR 26.6 billion<\/li>\n<li>Capital: MVR 9.7 billion<\/li>\n<\/ul>\n<h5>Recurrent<\/h5>\n<ul>\n<li>Administrative and Operational Expenses: MVR 16.4 billion<\/li>\n<li>Salaries, Wages, and Pensions: MVR 10.2 billion<\/li>\n<\/ul>\n<h5>Capital<\/h5>\n<ul>\n<li>Infrastructure assets: MVR 4.3 billion<\/li>\n<li>Land and buildings: MVR 2.2 billion<\/li>\n<li>Development projects and investment outlays: MVR 2.0 billion<\/li>\n<\/ul>\n<h4>Memorandum Items<\/h4>\n<ul>\n<li>Loan repayment: MVR 2.7 billion<\/li>\n<li>Subscription to multilateral agencies: MVR 27.6 billion<\/li>\n<li>Transfers to Sovereign Development Fund (SDF): MVR 807.6 million<\/li>\n<li>SDF fund size: MVR 5.8 billion<\/li>\n<li>SF bank balance: MVR764.0 million<\/li>\n<li>Public Sector Investment Program: MVR 8.7 billion<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>The government expenditure reached MVR36.3 billion in annual terms by 22nd December 2022. The approved budget total for last year was MVR 39.9 billion following the inclusion of an MVR 5.8 billion supplementary budget. On the other hand, the state revenues inclusive of foreign grants reached MVR 26.2 billion by the review date, which is<\/p>\n","protected":false},"author":4,"featured_media":4490,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2424,2428],"tags":[1301,1481,1727,1976,1981],"class_list":{"0":"post-4975","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-finance","8":"category-public-sector","9":"tag-maldives-government","10":"tag-ministry-of-finance","11":"tag-public-finance","12":"tag-state-expenditure","13":"tag-state-revenue"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.0 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Expenditures at MVR 36.3bn, Deficit at MVR 10.1bn - 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=4975\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Expenditures at MVR 36.3bn, Deficit at MVR 10.1bn - Maldives Business Times\" \/>\n<meta property=\"og:description\" content=\"The government expenditure reached MVR36.3 billion in annual terms by 22nd December 2022. The approved budget total for last year was MVR 39.9 billion following the inclusion of an MVR 5.8 billion supplementary budget. On the other hand, the state revenues inclusive of foreign grants reached MVR 26.2 billion by the review date, which is\" \/>\n<meta property=\"og:url\" content=\"https:\/\/mbt.mv\/?p=4975\" \/>\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=\"2023-01-03T03:07:10+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/mbt.mv\/wp-content\/uploads\/2022\/10\/348852_3_41299d143b9b634768f938847b5065d007c8def6_large-1.jpeg\" \/>\n\t<meta property=\"og:image:width\" content=\"1140\" \/>\n\t<meta property=\"og:image:height\" content=\"736\" \/>\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=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/mbt.mv\/?p=4975#article\",\"isPartOf\":{\"@id\":\"https:\/\/mbt.mv\/?p=4975\"},\"author\":{\"name\":\"Mohamed Reehaan\",\"@id\":\"https:\/\/mbt.mv\/#\/schema\/person\/a0eedc1134716e7c8e4da095494670c2\"},\"headline\":\"Expenditures at MVR 36.3bn, Deficit at MVR 10.1bn\",\"datePublished\":\"2023-01-03T03:07:10+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/mbt.mv\/?p=4975\"},\"wordCount\":169,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/mbt.mv\/#organization\"},\"image\":{\"@id\":\"https:\/\/mbt.mv\/?p=4975#primaryimage\"},\"thumbnailUrl\":\"https:\/\/mbt.mv\/wp-content\/uploads\/2022\/10\/348852_3_41299d143b9b634768f938847b5065d007c8def6_large-1.jpeg\",\"keywords\":[\"Maldives Government\",\"Ministry of Finance\",\"Public Finance\",\"State Expenditure\",\"State Revenue\"],\"articleSection\":[\"FINANCE\",\"PUBLIC SECTOR\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/mbt.mv\/?p=4975#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/mbt.mv\/?p=4975\",\"url\":\"https:\/\/mbt.mv\/?p=4975\",\"name\":\"Expenditures at MVR 36.3bn, Deficit at MVR 10.1bn - 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