MIRA reported a 16 percent rise in state revenue by the end of April year-on-year, with April collections reaching MVR 2.63 billion despite a 19.8 percent fall in tourist arrivals. GST remained the largest contributor at MVR 1.7 billion, and MIRA recovered MVR 543 million in outstanding dues during the month.
Tracked 19.8 percent Tourist arrivals
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The Maldives Inland Revenue Authority (MIRA) has reported a 16 percent increase in state revenue by the end of April compared to the same period last year, despite a notable decline in tourist arrivals.
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According to figures released by the authority, total revenue collected in April reached MVR 2.63 billion, while foreign currency earnings stood at USD 120.7 million.
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total revenue collected in April reached MVR 2.63 billion, while foreign currency earnings stood at USD 120.7 million
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Dollar-denominated revenue, however, saw a marginal drop of 0.3 percent compared to April 2025.
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Data shows that tourist arrivals in April fell by 19.8 percent year-on-year, with authorities linking the decrease largely to ongoing instability in the Middle East — a key transit region for travellers to the Maldives.
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In April alone, MIRA recovered MVR 543 million in outstanding dues, including MVR 372 million through enforcement notices and MVR 96 million via settlement efforts.
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In April alone, MIRA recovered MVR 543 million in outstanding dues, including MVR 372 million through enforcement notices and MVR 96 million via settlement efforts.
Word for word from the report in The Standard. Open the report
In April alone, MIRA recovered MVR 543 million in outstanding dues, including MVR 372 million through enforcement notices and MVR 96 million via settlement efforts.
Word for word from the report in The Standard. Open the report
GST remained the largest contributor, generating MVR 1.7 billion and accounting for 63.6 percent of total revenue for the month.
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Earlier reports gave nearly MVR 7.8 billion 12 Jun, 09:45 The Standard
GST remained the largest contributor, generating MVR 1.7 billion and accounting for 63.6 percent of total revenue for the month.
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Revenue from Airport Development Fees and Departure Tax each stood at MVR 152 million, while resort rent contributed MVR 129 million.
Word for word from the report in The Standard. Open the report
Revenue from Airport Development Fees and Departure Tax each stood at MVR 152 million, while resort rent contributed MVR 129 million.
Word for word from the report in The Standard. Open the report