MIRA collected MVR 3.01 billion as revenue in September 2025. This is an increment of 30.7% compared to the same period last year. Moreover, it is an increment of 33.7% compared to the forecasted amount for September 2025.
Revenue for September 2025 increased compared to September 2024, mainly due to higher collections of General Sector GST, Lease Period Extension Fee, Tourism Land Rent, Airport taxes and Fees. Lease Period Extension Fee was collected during the month which was a one off payment. Additionally, tourist arrivals in August 2025 rose by 9.0% 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 September 2025 exceeded projections, primarily due to higher collections from GST, Tourism Land Rent, TGST and Airport Taxes and Fees. Additionally, Lease Period Extension Fee contributed significantly to the increment as this fee is excluded from projections as these are one off payments. Additionally, 14.9% of the monthly revenue was recovered through overdue payments, while another 6.4% was secured through targeted efforts to collect outstanding dues. Collectively, these factors led to the overall revenue surpassing initial forecasts.
In September 2025, GST accounted for the largest share of revenue received by MIRA which is 40.5% or MVR 1.22 billion. The next largest revenue was from Lease Period Extension Fee which is 16.9% or MVR 507.2 million. In addition, Tourism Land Rent MVR 404 million (13.4%), Airport Development Fee MVR 204.3 million (6.8%), Departure Tax MVR 199.1 million (6.6%) and Green Tax MVR 195.7 million (6.5%),
Out of the revenue collected in September 2025, USD 150.25
million constitutes the dollar collection.
For more information:
https://www.mira.gov.mv/Files/GetFile/f7914e74-5634-4709-9e88-21d261accf25