Macau Legislative Assembly approves draft 2025 budget amendment
The amendment adjusts for lower gaming revenue projections while increasing expenditure.
Macau.- The Macau Legislative Assembly (AL) has unanimously approved the first draft of the government’s 2025 budget amendment bill. Introduced by Secretary for Economy and Finance Anton Tai Kin Ip, the new budget lowers budgeted revenue by MOP4.56bn to MOP116.53bn (USD 14.7bn) due to a revised GGR estimate of MOP228bn (USD 28.5bn), down from MOP240bn.
The GGR projection, now averaging MOP19bn (USD 2.4bn) a month compared to MOP20bn, was revised after the first five months of 2025 yieled MOP97.7bn (USD 12.1bn) in casino revenue. Despite an 18.9 per cent increase in visitor arrivals to 3.1 million in April, Tai highlighted that global political and economic uncertainties are impacting Macau’s service-driven economy.
On the expenditure side, the government proposes an increase of MOP2.86bn (USD 355m), bringing spending to MOP116.24bn (USD 14.7bn). This increase will fund subsidies for children, senior citizens, and vulnerable groups, as well as investments in scientific and technological research and the phased construction of the University of Macau’s new campus in Hengqin. Expenditures under the Investment and Development Expenditure Plan (PIDDA) will see a relative reduction to maintain fiscal balance.
