Mon, 17 Mar 2025

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DHIVEHI

Maldives budget surplus soars

21 Feb 2025

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Raneen Ahmed

Photo: President's Office

The Maldives has recorded a budget surplus of MVR 1.4 billion as of February 13, 2025, with revenue and grants exceeding total expenditure. Revenue reached MVR 4.4 billion, driven by a surge in import duties, while total expenditure stood at MVR 3.04 billion, with Aasandha-related spending being the highest. This is a 109.2 per cent increase in surplus compared to the same period last year.

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