Maldives Rakes in MVR 16 Million in Plastic Bag Fees Over 12 Months
The Maldives collected MVR 16 million in plastic bag fees over the past year under the Waste Management Act. The fee, implemented on 18 April 2023, requires MVR 2 per bag. MIRA collected MVR 12.6 million in 2023 and MVR 4 million in Q1 2024. An amendment to exempt wholesale purchases of 50+ bags was introduced but remained in committee as the 19th parliament ended. The fee was introduced by former President Ibrahim Mohamed Solih. The World Bank reports solid waste generation of 365,000 metric tonnes annually.
The Maldives collected MVR 16 million in plastic bag fees over the past year under the Waste Management Act. The fee, implemented on 18 April 2023, requires MVR 2 per bag. MIRA collected MVR 12.6 million in 2023 and MVR 4 million in Q1 2024. An amendment to exempt wholesale purchases of 50+ bags was introduced but remained in committee as the 19th parliament ended. The fee was introduced by former President Ibrahim Mohamed Solih. The World Bank reports solid waste generation of 365,000 metric tonnes annually.
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The Maldives collected MVR 16 million in plastic bag fees over the past year under the Waste Management Act. The fee, implemented on 18 April 2023, requires MVR 2 per bag. MIRA collected MVR 12.6 million in 2023 and MVR 4 million in Q1 2024. An amendment to exempt wholesale purchases of 50+ bags was introduced but remained in committee as the 19th parliament ended. The fee was introduced by former President Ibrahim Mohamed Solih. The World Bank reports solid waste generation of 365,000 metric tonnes annually.
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Focus: Maldives Rakes in MVR 16 Million in Plastic Bag Fees Over 12 Months
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