State Revenue | Atoll Times

State Revenue

MIRA reports MVR 2.3b in tax revenue for September

MIRA collected USD 105.02 million in taxes last month.

10 October 2024

MDP accuses govt of major lags in financial reforms

When the MDP government had ended, the plan to reduce expenditures had been completed, he said.

Banks' early fee payment boosts Maldives revenue in July

One of the reasons for the increase in revenue, the report said, was the payment of the second interim income tax by banks this year.

Egypt to seek soft loans to help finance 2024/25 deficit

The IMF is also pushing Egypt to increase its tax intake in its 2025/26 budget.

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Maldives' debt crosses MVR 100b at 2022 end

According to finance data, the government has taken eight new loans in the last one year.

7 February 2023

SOE balance sheets: Reality far from rosy headlines

"Financial matters are not at their best in state-run companies. We are trying our best to rectify them," Asim said.

7 February 2023

MVR 430 million allocated for 2 new subsidies

Financial institutions have always advised the Maldives to manage subsidies better.

1 November 2022

IMF says Maldives on right track to reduce hight debt

"Restructuring debt is not an easy task. But first, the country should decide whether this is the situation. After that, the IMF will continue to help.

23 February 2023

MVR 1.51b tax revenue in November

At the end of last month, the state earned MVR 19.4 billion in revenue through MIRA.

10 December 2022

MVR 16b recorded as tax revenue in 2022

According to data released by MIRA, the state earned MVR 2.58 billion in revenue last month.

10 January 2023

Faction war heats up; Yaugoob removed from parliament

Yaugoob could be heard shouting after he was named and when the chair gave Ilyas a second chance to speak.

22 February 2023

Foreign exchange revenue surges by $222m in 2022

According to MIRA data, foreign exchange earnings stood at $889.10 million in 2022.

15 January 2023