# Budget 2027 brief — Ministry of Finance

_Budget_

- Issuing body: Ministry of Finance
- Provenance: Independent

Four-page summary of the proposed 2027 State Budget from the Ministry of Finance: headline totals, revenue and expenditure detail for 2025 to 2029, balances, financing, debt and nominal GDP, spending by function (COFOG) and the Public Sector Investment Programme (PSIP) by source of funds. Labels are in Dhivehi with English numerals; amounts are in MVR millions.

## Coverage

- [Budget 2027 lays the bedrock for President Muizzu's 2040 vision](https://www.goodmorningmaldives.com/news/budget-2027-foundation-developed-nation-2040) — 2026-11-01, Economy & Markets — In GMM's reading, Budget 2027 is the first hard pivot away from a fiduciary abyss of borrowing more to meet old debts. Minister of Finance Hassan Zareer presented its MVR 59.7 billion as the foundation of President Muizzu's 2040 vision; the deficit is set to narrow to 2.6% of GDP by 2029.

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