Goods and Services Tax
law_policyTracked since 2023-10-04
GST
5
Mentions
29
Connections
0.50
Salience
5
Events
2024-05-14
Last Mention
Tax increased to 8% in 2023, contributing to inflation expectations.
A consumption tax in the Maldives, including a Tourism GST (TGST), that is a major revenue source. The rate was raised in 2023 as part of fiscal reforms urged by the IMF, contributing over 70% of state revenue in early 2024.
Role
tax
Affiliation
Maldives government, Maldives Inland Revenue Authority (MIRA)
Location
Maldives
Network
Often Mentioned With
📍
Maldives
4
🔹
Maldives Monetary Authority
3
🔹
tourism industry
2
🔹
Government of Maldives
2
🏢
World Bank
2
🔹
Maldives Development Update
1
🔹
Launch of Maldives Development Update 2023
1
🔹
Maldivian economy
1
🏢
Maldives National University
1
🔹
Maldives Development Update 'Batten Down the Hatches'
1
🏢
state-owned enterprises
1
👤
Faris Hadad-Zervos
1
Topics
fiscal reforms
economy
world-bank
economic-growth
taxes
development
Covered By
Maldives Republic
5
Sentiment
🌿
Positive
40%
😐
Neutral
40%
⚠️
Concerned
20%
Activity Timeline
5 events
Article
Claim
Quote
📰
📰