MIRA Collects MVR 639 Million in Revenue; Receivables Exceed MVR 10 Billion
The Maldives Inland Revenue Authority (MIRA) has collected MVR 639 million in taxes and other revenue, according to the agency’s…
MIRA Freezes 285 Bank Accounts, Recovers MVR 90 Million in Unpaid Taxes
The Maldives Inland Revenue Authority (MIRA) has frozen the bank accounts of more than 200 persons and entities for non-payment…
2024 Project Spending Down, Expenditure on Salaries Up Compared to Same Period in 2023
Project spending was down compared to the same period last year, while more was spent on salaries, according to the…
State Revenue Reaches MVR 11 Billion
The state’s tax and non-tax revenue for 2024 climbed to MVR 11 billion as of April, according to data released…
MIRA Recovers Over MVR 797 Million in Unpaid Taxes in 2024 Q1
The Maldives Inland Revenue Authority (MIRA) has collected MVR 797.8 million in outstanding fees and taxes within the first quarter…
SDF Collections Out of Sync With Rise in Debt Repayments
Around MVR 921.2 million was spent on loan repayments as of 18 March this year; nearly MVR 100 million more…
Government Will Introduce Legislation Re-Directing State Revenue to Councils: President Muizzu
The Maldives Inland Revenue Authority (MIRA) will re-direct a percentage of the revenue collected collected for the state to councils,…
State Expenditure at MVR 4 Billion; 30% Lower Than in 2023: Finance Ministry
State expenditure stood at MVR 4 billion so far this year, the Ministry of Finance has said. According to the…
State Revenue Exceeded Expenditure in January: Finance Ministry
Revenue exceeded expenditure by MVR 585 million in the first month of the year, according to data released by the…