
2025-05-30 00:00:00
Budget Balance at 1.1 billion surplus, with a 17.9 percent reduction in expenditure
Budget Balance at 1.1 billion surplus, with a 17.9 percent reduction in expenditure
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The national Budget over all balance has reached a 1.1 billion Rufiyaa surplus. The result was reached after a17.9 reduction in expenditure up to 22 May 2025, compared to the period last year.
According to the weekly fiscal development report issued by the Finance Ministry, total expenditure from national budget up to 22 May 2025 stand at 13.7 billion, which is 17.9 lower than the expenditure made in the period last year. The report shows a 3.8 percent decrease in recurrent expenditure as well as a 64.2 percent decline in capital expenditure.
Looking at the details of the recurrent expenditure, 60.9 percent went to
Administrative and operational expenses, which is 8.7 percent decline from the period last year. There was a 70.3 percent decline on the purchase of administrative supplies and a 27.1 decline on repairs and maintenance costs. Similarly travel expenses also fell by 15.7 percent.
Even with these declines, there was a rise in expenses towards Aasandha, operational consumables as well as financing and interest costs.
By the end of last week capital expenditure was recorded at 1.4 billion.
This includes a total of 1.2 billion spent on infrastructure assets such as roads bridges and airports. The expenditure amounts to 10.5 percent of the estimated allocation in the national budget.
In the National budget for 2025 a total of 12.4billion rufiyaa was allocated for Public Sector Investment Programs, and so far this year 1.4billion was spent on same. Although a vast portion of the allocated amount was spent on land reclamation and road projects last year, this year main spending was on ports and harbors and related projects. Accordingly, 801.1million was spent on ports and harbors.
With efforts to reinforce policies on Public Sector Investment Programs, there was notable decline on spending in the area.