State earns MVR 2.11 Bn revenue in April 2024

The Maldives government earned a total of MVR 2.11 billion revenue in April 2024, according to Maldives Inland Revenue Authority (MIRA).

As per statistics from MIRA, the revenue collection was up 13.6% in the review month compared to the corresponding month last year, due to the increment in GST, Airport Taxes and Fees, and Green Tax collections.

The revenue collection in April this year was a 4.8% increment from initial projections as well.

Top Revenue Contributors – April 2024

  1. GST – 68.7%
  2. Income Tax – 7.0%
  3. Airport Development Fee – 5.2%
  4. Departure Tax – 5.0%
  5. Green Tax – 5.0%

The total tax revenue collection for April reached MVR 1.84 billion, while the total non-tax revenue collection reached MVR 276.4 million.

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