MIRA collected MVR 2.12 billion as revenue in August 2025. This is an increment of 6.9% compared to the same period last year. Moreover, it is an increment of 3.1% compared to the forecasted amount for August 2025.
Revenue for August 2025 increased compared to August 2024, mainly due to higher collections of Green Tax, Airport Development Fee, Departure Tax and Tourism Sector GST. Tourist arrivals in August 2025 rose by 11.5% compared to August 2024, boosting collections of TGST, Green Tax and Airport Taxes and Fees. The rise in tourist arrivals, along with the increased Green Tax rates from January 1, 2025 and higher Airport Taxes and Fees effective from December 2024, contributed to the overall increase in revenue collection.
Revenue for August 2025 exceeded projections, primarily due to higher collections from TGST and Green Tax, driven by an increment in tourist arrivals. The receipt of one-off payments under the Corporate Social Responsibility Fee further contributed to the increase.
Additionally, 22.9% of the monthly revenue was recovered through overdue payments, while another 9.0% was secured through targeted efforts to collect outstanding dues. Collectively, these factors led to the overall revenue surpassing initial forecasts.
In August 2025, GST accounted for the largest share of revenue received by MIRA which is 54.7% or MVR 1.16 billion. The next largest revenue was from Income Tax which is 11.4% or MVR 240.6 million. In addition, Green Tax MVR 191.2 million (9.0%), Airport Development Fee MVR 165.0 million (7.8%), Departure Tax MVR 162.5 million (7.7%) and Work Permit Fee MVR 63.6 million (3.0%),
Out of the revenue collected in August 2025, USD 89.04
million constitutes the dollar collection.
For more information:
https://www.mira.gov.mv/Files/GetFile/3230c719-1855-43f2-b04c-563f30bb0ad2