Fri, 04 Apr 2025

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DHIVEHI

Maldives state revenue grows

05 Dec 2024

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Juman Anwar

Photo: Maldives Republic

The Government's state revenue and grants increased by 1.3 per cent to MVR 31.1 billion between January 1 and November 28, 2024. Key contributors were Goods and Services Tax (GST) and Business and Property Tax, which saw notable growth. The Government's total expenditure for the period reached MVR 42.8 billion, with a large portion allocated to recurrent costs and capital projects.

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