# 2027 Budget Statement — English translation (GMM)

_Budget_

- Issuing body: Ministry of Finance
- Issued: 2026-10-29
- Provenance: Independent

English translation, prepared by Good Morning Maldives (GMM), of the Dhivehi statement by Minister of Finance Hassan Zareer presenting the proposed 2027 State Budget (MVR 59,704,440,795) to the People's Majlis. Covers the 2026 fiscal review, the economic outlook, revenue measures, sector priorities and the fiscal targets for deficit and debt.

## 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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