“The reforms would also bring the Maldives Customs Service's fiscal mandate under the oversight of the Ministry of Finance and Public Enterprises... with amendments to tax laws planned to support the reforms.”
Budget 2027: Government plans revenue growth without tax hikes · MM TV (English) · 29 Oct 2026 Source (opens MM TV (English) in a new tab)
“The Government also plans to transfer the fiscal mandate of Maldives Customs Service to the Ministry of Finance and Public Enterprises.”
Government projects MVR 43.2 billion in revenue and grants · One Online · 29 Oct 2026 Source (opens One Online in a new tab)
“The Government also plans to strengthen revenue policy implementation and compliance by transferring the fiscal mandate of Maldives Customs Service to the Ministry of Finance and Public Enterprises and introducing amendments to tax legislation.”
No tax hikes planned for 2027: Finance Minister · One Online · 29 Oct 2026 Source (opens One Online in a new tab)
“Under the transfer, Customs’ fiscal responsibilities will move to the Ministry of Finance, and the relevant tax laws will be amended.”
Customs’ fiscal mandate to move to Finance Ministry · MM TV (English) · 31 Oct 2026 Source (opens MM TV (English) in a new tab)
No developments have been recorded yet. Until one is, the promise stays at “Promised”.