Maldives Rakes in MVR 16 Million in Plastic Bag Fees Over 12 Months

The Maldives collected MVR 16 million in plastic bag fees in the period since the MVR 2 per bag charge was introduced on 18 April 2023, according to the Maldives Inland Revenue Authority (MIRA). A bill proposing to exempt wholesale purchases of 50 or more bags and reduce the fee to MVR 0.50 remained in committee as the term of the 19th parliament ended on 15 May.

First reported 16 May 2024, 21:47

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What are the key figures?

Sources 1carried it 1 of 19 news outlets we monitor

Figures6as written, with their sentences

One outlet so far Only Maldives Republic has reported this among the sources we monitor. A gap in what we monitor, not proof that others did not report it.

What happened

in order; days are read from the reports' words and dates

Wed 15 May

The term of the 19th parliament ended with the bill still in committee. 15 May only Maldives Republic
However, as the term of the 19th parliament ended on 15 May, the bill remained in committee.
Word for word from the report in Maldives Republic. Open the report

How the reporting differs

one source so far

Maldives RepublicNews outlet

Maldives Rakes in MVR 16 Million in Plastic Bag Fees Over 12 Months

MVR 16 million plastic bag fees collected since introduction

16 May, 21:47 First Open at outlet

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Figures in these reports

as written, with the sentence they come from

MVR 16 million plastic bag fees collected since introduction Maldives Republic
An additional MVR 4 million was collected during the first quarter of 2024, bringing the total income collected as plastic bag fees since its introduction to MVR 16 million.
Word for word from the report in Maldives Republic. Open the report
MVR 12.6 million plastic bag fees collected until end of 2023 Maldives Republic
Data released by MIRA reveals that it collected MVR 12.6 million in plastic bag fees from the introduction of the fee until the end of 2023.
Word for word from the report in Maldives Republic. Open the report
MVR 4 million plastic bag fees collected in first quarter 2024 Maldives Republic
An additional MVR 4 million was collected during the first quarter of 2024
Word for word from the report in Maldives Republic. Open the report
MVR 0.50 proposed reduced plastic bag fee Maldives Republic
It further recommends reducing the bag fee to MVR 0.50 with an annual review.
Word for word from the report in Maldives Republic. Open the report
365,000 metric tonnes annual solid waste generated Maldives Republic
According to the World Bank, the Maldives generates 365,000 metric tonnes of solid waste annually, mainly from resort islands.
Word for word from the report in Maldives Republic. Open the report
50 bags wholesale quantity threshold for bag fee Maldives Republic
consumers procuring packs of plastic bags in quantities exceeding 50 at the wholesale rate are obligated to remit a fee of MVR 2 per bag
Word for word from the report in Maldives Republic. Open the report

Other events named

no clear day, as worded

A bill proposing plastic bag fee exemptions was submitted to parliament. October 2023 parliament Maldives Republic
The bill, submitted to parliament in October 2023, proposes a tax exemption on bags procured for specific purposes
Word for word from the report in Maldives Republic. Open the report

Subjects

sectors and approved topics, alphabetical

Public finance & tax

Named in these reports

alphabetical

Ibrahim Mohamed Solih administration