The Maldives Inland Revenue Authority (MIRA) reported a revenue of MVR 2.33 billion for December 2024, marking a 4.7 per cent increase from the previous year and exceeding projections by 20.1 per cent. The growth was driven by higher collections in GST, Green Tax, CSR fees, and tourism-related taxes, alongside enforcement measures that contributed 17.5 per cent of the total revenue. GST accounted for the largest share, contributing MVR 1.33 billion, followed by tourism land rent and other key tax categories.