| Table 13.2 : GOVERNMENT REVENUE, 2008-2014 |
| (In million
Rf) |
| Particulars |
|
|
Actual |
Revised |
Budget |
Projection |
Projection |
| 2008 |
2009 |
2010 |
2011 |
2012 |
2013 |
2014 |
| Total Revenue and grants |
7,456.5 |
5,734.8 |
6,546.9 |
9,095.8 |
11,480.3 |
11,771.9 |
11,779.6 |
| Total Revenue |
6,939.5 |
5,313.3 |
6,392.4 |
8,323.3 |
10,869.5 |
11,322.9 |
11,424.6 |
| Current Revenue |
6,897.2 |
5,299.4 |
6,343.0 |
8,292.9 |
10,838.7 |
11,290.7 |
11,390.8 |
| Tax Revenue |
3,366.8 |
2,732.0 |
2,931.0 |
4,862.1 |
7,389.7 |
8,590.5 |
8,568.7 |
| Import Duty |
2,448.8 |
1,848.8 |
2,055.8 |
2,452.7 |
1,961.0 |
2,308.6 |
2,654.9 |
| Tourism Tax |
566.6 |
531.4 |
597.3 |
765.9 |
875.3 |
919.4 |
- |
| Bank Profit Tax |
240.8 |
245.7 |
203.3 |
229.8 |
230.2 |
264.9 |
315.0 |
| GST on Tourism |
- |
- |
- |
872.6 |
1,579.1 |
2,017.2 |
2,284.7 |
| Airport Service Charge |
- |
1.6 |
35.5 |
328.9 |
216.2 |
329.7 |
364.1 |
| Business Profit Tax |
- |
- |
- |
26.9 |
763.7 |
784.8 |
806.5 |
| Goods and Services Tax |
- |
- |
- |
146.8 |
1,658.2 |
1,849.2 |
2,014.1 |
| Others 1_/ |
110.6 |
104.5 |
39.1 |
38.5 |
105.9 |
116.8 |
129.4 |
| Nontax Revenue |
3,530.4 |
2,567.4 |
3,412.0 |
3,430.8 |
3,449.1 |
2,700.2 |
2,822.0 |
| State Trading
Organisation |
2.5 |
137.9 |
106.9 |
28.1 |
38.6 |
42.3 |
46.9 |
| Dhivehi Rajjeege Gulhun
Ptd. |
392.5 |
192.0 |
505.7 |
345.8 |
295.7 |
147.9 |
147.9 |
| Maldives Post Limited |
4.3 |
0.9 |
- |
- |
- |
- |
- |
| Maldives Monetary
Authority |
237.9 |
146.7 |
304.9 |
120.0 |
136.0 |
155.0 |
188.5 |
| Maldives Industrial
Fisheries Corporation |
2.0 |
- |
- |
- |
0.0 |
0.0 |
0.0 |
| Island Aviation Services
Limited |
8.0 |
8.8 |
3.4 |
7.0 |
10.0 |
12.0 |
14.0 |
| Building Construction
and Machanical Workshop/ Public Works Services |
1.0 |
- |
- |
- |
2.1 |
2.9 |
3.6 |
| Maldives Transport &
Contracting Co. |
- |
10.0 |
- |
- |
- |
- |
- |
| Maldives Ports
Authority/ Authotiry |
60.0 |
60.0 |
36.2 |
76.2 |
30.9 |
31.1 |
39.3 |
| Bank of Maldives |
27.4 |
24.7 |
- |
- |
12.8 |
38.3 |
38.3 |
| Table 13.2 (Continued) |
|
|
|
|
|
|
|
| Maldives Airports
Company Ltd |
171.5 |
65.5 |
62.8 |
165.7 |
108.0 |
141.0 |
172.0 |
| Hulhumale Development
Corperation |
- |
- |
6.6 |
8.8 |
22.1 |
13.3 |
17.7 |
| Government hotels |
5.5 |
- |
|
|
|
|
|
| Maldives Water &
Swerage Company |
54.5 |
16.3 |
41.8 |
51.7 |
66.8 |
74.7 |
86.5 |
| Housing Development
Finance Corporation |
- |
- |
- |
5.5 |
- |
- |
- |
| Maldives Tourism
Development Corporation |
47.6 |
13.9 |
12.0 |
17.5 |
- |
- |
- |
| Maldives National
Shipping Limited |
- |
- |
|
|
|
|
|
| Thilafushi Corperation
Limited |
- |
- |
- |
25.0 |
30.0 |
30.0 |
30.0 |
| Maldives National
Broadcasting Corporation |
- |
- |
- |
- |
- |
- |
- |
| Lease and rents of Government property |
1,517.2 |
995.7 |
1,218.1 |
1,705.0 |
1,947.9 |
1,246.5 |
1,250.2 |
| Resort lease rent |
1,403.2 |
898.4 |
1,106.3 |
1,602.9 |
1,761.4 |
1,056.0 |
1,056.0 |
| Lease and rents of other
Government property |
114.0 |
97.3 |
111.8 |
102.1 |
186.5 |
190.5 |
194.2 |
| Others 2_/ |
998.6 |
895.0 |
1,113.5 |
874.5 |
748.2 |
765.3 |
787.1 |
| Capital Revenue |
42.3 |
13.9 |
49.4 |
30.4 |
30.8 |
32.3 |
33.8 |
| Grants 3_/ |
517.0 |
421.5 |
154.5 |
772.5 |
610.9 |
449.0 |
355.0 |
| 1_/ Includes green tax, airport tax, business
profit tax, GST, licence fees, company registration fees and stamp duties. |
|
|
|
|
|
| 2_/ Includes fines, confiscated properties,
royalties, penalties and administrative charges. |
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|
|
| 3_/ Excludes grants for direct expenditure by
donors. |
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| Source: Ministry of Finance and Treasury |
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