| PUBLIC
FINANCE |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
1994 |
1995 |
|
1997 |
1998 |
1999 |
2000 |
2001 |
2002 |
2003 |
2004 |
2005 |
2006 |
2007 1_/ |
| (In million
rufiyaa) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Revenue and
Grants |
1,144.3 |
1,408.7 |
|
1,824.7 |
1,930.2 |
2,225.3 |
2,372.7 |
2,522.6 |
2,714.9 |
3,087.9 |
3,424.7 |
4,612.9 |
6,154.0 |
7,852.6 |
| Revenue |
981.7 |
1,209.5 |
|
1,656.5 |
1,765.7 |
2,062.6 |
2,206.8 |
2,310.9 |
2,582.4 |
2,964.3 |
3,351.8 |
3,788.3 |
5,286.6 |
6,669.4 |
| |
Tax Revenue |
536.4 |
638.5 |
|
864.1 |
902.7 |
977.3 |
1,013.8 |
1,046.6 |
1,091.7 |
1,268.7 |
1,647.2 |
1,722.8 |
2,370.3 |
2,855.5 |
| |
Non-tax Revenue * |
445.3 |
571.0 |
|
792.4 |
863.0 |
1,085.3 |
1,193.0 |
1,264.3 |
1,490.7 |
1,695.6 |
1,704.6 |
2,065.5 |
2,916.3 |
3,813.9 |
| Grants ** |
162.6 |
199.2 |
|
168.2 |
164.5 |
162.7 |
165.9 |
211.7 |
132.5 |
123.6 |
72.9 |
824.6 |
867.4 |
1,183.2 |
| Expenditure
and Net Lending |
1,350.9 |
1,708.8 |
|
1,906.0 |
2,053.3 |
2,506.4 |
2,694.2 |
2,885.9 |
3,117.3 |
3,388.2 |
3,582.6 |
5,657.6 |
6,948.1 |
8,914.3 |
| |
Total Expenditure |
1,357.5 |
1,717.8 |
|
1,936.9 |
2,113.9 |
2,494.9 |
2,739.9 |
2,912.1 |
3,135.5 |
3,551.9 |
3,779.1 |
5,775.4 |
7,066.2 |
9,036.3 |
| |
Current Expenditure |
691.9 |
878.1 |
|
1,182.0 |
1,297.9 |
1,545.5 |
1,875.9 |
1,971.4 |
2,109.4 |
2,345.7 |
2,788.1 |
4643.3 |
5,607.8 |
7,083.7 |
| |
Capital Expenditure |
665.6 |
839.7 |
|
754.9 |
816.0 |
949.4 |
864.0 |
940.7 |
1,026.1 |
1,206.2 |
991.0 |
1,132.1 |
1,458.4 |
1,952.6 |
| Net Lending |
-6.6 |
-9.0 |
|
-30.9 |
-60.6 |
11.5 |
-45.7 |
-26.2 |
-18.2 |
-163.7 |
-196.5 |
-117.8 |
-118.1 |
-122.0 |
| Overall
Balance (including grants) |
-206.6 |
-300.1 |
|
-81.3 |
-123.1 |
-281.1 |
-321.5 |
-363.3 |
-402.4 |
-300.3 |
-157.9 |
-1,044.7 |
-794.1 |
-1061.7 |
| Financing |
|
206.6 |
300.1 |
|
81.3 |
123.1 |
281.1 |
321.5 |
363.3 |
402.4 |
300.3 |
157.9 |
1,044.7 |
794.0 |
1,061.7 |
| |
Foreign financing |
100.2 |
298.0 |
|
172.2 |
129.3 |
56.7 |
3.6 |
145.8 |
372.4 |
419.2 |
403.7 |
235 |
529.2 |
1,162.8 |
| |
Domestic financing *** |
106.4 |
2.1 |
|
-90.9 |
-6.2 |
224.4 |
317.9 |
217.5 |
30.0 |
-118.9 |
-245.8 |
809.7 |
264.8 |
-101.1 |
| Overall
Balance (excluding grants) |
-369.2 |
-499.3 |
|
-249.5 |
-287.6 |
-443.8 |
-487.4 |
-575.0 |
-534.9 |
-423.9 |
-230.8 |
-1,869.3 |
-1661.5 |
-2244.9 |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Revenue as
percent of GDP |
23.8 |
23.7 |
|
25.5 |
25.5 |
27.3 |
27.6 |
28.9 |
31.5 |
33.4 |
33.7 |
39.5 |
44.5 |
49.7 |
| Tax Revenue as percent of GDP |
13.0 |
12.5 |
|
13.3 |
13.1 |
13.0 |
12.7 |
13.1 |
13.3 |
14.3 |
16.6 |
18.0 |
19.9 |
21.3 |
| *
Non-tax Revenue as pecent of
GDP |
10.8 |
11.2 |
|
12.2 |
12.5 |
14.4 |
14.9 |
15.8 |
18.2 |
19.1 |
17.2 |
21.5 |
24.5 |
28.4 |
| Total
Expenditure as pecent of GDP |
32.9 |
33.6 |
|
29.8 |
30.6 |
33.1 |
34.3 |
36.4 |
38.2 |
40.1 |
38.0 |
60.2 |
59.5 |
67.3 |
| Current Expenditure as pecent of GDP |
16.8 |
17.2 |
|
18.2 |
18.8 |
20.5 |
23.5 |
24.6 |
25.7 |
26.5 |
28.1 |
48.4 |
47.2 |
52.8 |
| Capital Expenditure as pecent of GDP |
16.1 |
16.4 |
|
11.6 |
11.8 |
12.6 |
10.8 |
11.8 |
12.5 |
13.6 |
10.0 |
11.8 |
12.3 |
14.5 |
| GDP ( current market prices in millions Rf ) |
4,125 |
5,107 |
|
6,505 |
6,913 |
7,542 |
7,992 |
8,001 |
8,201 |
8,863 |
9,939 |
9,597 |
11,885 |
13,426 |
| * Includes capital revenue |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| ** Excludes grants
for direct expenditure by donors |
|
|
|
|
|
|
|
|
|
|
|
|
| *** Primary reflects
net borrowing from Maldives Monitory Authority |
|
|
|
|
|
|
|
|
|
|
| 1_/ Provisional |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|