MIRA collected MVR 2.20 billion as revenue in November 2025. This is an increment of 16.6% compared to the same period last year. Moreover, it is an increment of 6.7% compared to the forecasted amount for November 2025.
Revenue for November 2025 increased compared to November 2024, mainly due to higher collections of Tourism Sector GST, Green Tax and Airport taxes and Fees. Additionally, tourist arrivals in September 2025 rose by 10.3% compared to September 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 2025 and higher Airport Taxes and Fees effective from December 2024, contributed to the overall increase in revenue collection.
Revenue for November 2025 exceeded projections, primarily due to higher collections from Green Tax, GGST, Land acquisition and conversion fee and TGST. Land acquisition and conversion fee have contributed significantly to the increment as this fee is not projected. Additionally, 19.7% of the monthly revenue was collected through payments received from past deadlines, while a further 21.0% was secured through targeted initiatives to recover outstanding dues. Collectively, these factors contributed to the overall revenue exceeding forecasts.
In November 2025, GST accounted for the largest share of revenue received by MIRA which is 59.1% or MVR 1.30 billion. The next largest revenue was from Green Tax which is 8.7% or MVR 191.06 million. In addition, Airport Development Fee MVR 175.87 million (8.0%), Departure Tax MVR 164.99 million (7.5%), Income Tax MVR 131.67 million (6.0%) and Work Permit Fee MVR 63.86 million (2.9%),
Out of the revenue collected in November 2025, USD 103.23 million
million constitutes the dollar collection.
For more information:
https://www.mira.gov.mv/Files/GetFile/95d892da-ab25-4e2f-b189-05b32532cd2a