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MIRA’s dollar revenue rises to USD 96.24 million in October

MIRA collected USD 96.24 million in US dollars during October 2026, around 12% more than a year earlier, although collections were lower than the USD 126.81 million recorded in September.

Mohamed Hilmy

14 November 2026, 21:25

MIRA’s dollar revenue rises to USD 96.24 million in October

The Maldives Inland Revenue Authority (MIRA) collected USD 96.24 million in US dollars during October 2026, up by around 12% compared with the same month last year.

MIRA collected USD 85.96 million in October 2025, according to the authority’s monthly revenue figures.

Dollar collections in October were, however, lower than the USD 126.81 million recorded in September 2026.

Overall revenue collected by MIRA during October reached MVR 2.28 billion, compared with MVR 2.04 billion in the corresponding month last year.

Goods and Services Tax remained the largest source of revenue during the month, generating around MVR 1.34 billion. Income Tax contributed approximately MVR 248 million, while Green Tax collections stood at MVR 156 million.

Airport Development Fee collections reached around MVR 151 million, Departure Tax generated MVR 149 million and Work Permit Fees contributed about MVR 73 million.

MIRA also recovered around MVR 448 million through efforts to collect outstanding payments during October, accounting for nearly one-fifth of total revenue collected during the month.

The authority’s figures show that while dollar collections declined from September, they remained higher than the level recorded in October 2025.

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