Sunday, 8 Nov 2026
The Standard Maldives
  • News
  • Business
  • Politics
  • Travel
  • Technology
  • World
  • Reports
  • 🔥
  • President Dr. Mohamed Muizzu
  • STELCO
  • Maldives Police Service
  • The President's Office
  • Tourism Ministry
  • Maldives Parliament
Font ResizerAa
The Standard MaldivesThe Standard Maldives
  • My Saves
  • My Interests
  • History
  • My Feed
  • Business
  • News
  • Politics
  • Reports
  • Technology
  • Travel
  • World
Search
  • My Saves
  • My Interests
  • History
  • My Feed
  • Business
  • News
  • Politics
  • Reports
  • Technology
  • Travel
  • World
Follow US
© 2024 Dominion Network
BusinessNews

State earns MVR 3.3 billion from airport taxes and fees, up 6.8 percent

By Hussain Shinan Published 4 hours ago

The state has earned MVR 3.3 billion in revenue from airport taxes and fees so far this year, according to statistics released by the Ministry of Finance and State Enterprises.

The figure marks an increase compared with the same period last year.

According to the ministry’s latest Weekly Fiscal Developments report, the state collected MVR 1.64 billion in departure tax as of 29 October.

- Advertisement -

This is 6.4 percent higher than the MVR 1.54 billion collected through departure tax during the same period last year.

Revenue from the Airport Development Fee has also grown. The state received MVR 1.68 billion through the fee as of 29 October, compared with MVR 1.56 billion during the same period in 2025, an increase of 7.6 percent.

Combined, the departure tax and Airport Development Fee have brought in MVR 3.32 billion as of 29 October.

During the same period last year, the two sources generated MVR 3.11 billion, meaning total revenue has risen by 6.8 percent.

The departure tax was introduced on 1 January 2022, while the Airport Development Fee has been charged since 1 May 2017. The fee applies to every passenger departing the Maldives from Velana International Airport.

Passengers with diplomatic immunity, transit passengers and children under the age of two are exempt from the departure tax. Those with diplomatic immunity and direct transit passengers are exempt from the Airport Development Fee.

All revenue collected through the Airport Development Fee is deposited into the Maldives’ Sovereign Development Fund.

The fund also receives dividends paid on the government’s shares in Maldives Airports Company Limited (MACL), which operates Velana International Airport, along with additional revenue generated from increased fees for certain airport services.

The rise in airport revenue comes as the Maldives has welcomed more than 1.8 million tourists so far this year.

With departures continuing through the peak tourist season, airport taxes and fees remain one of the state’s key sources of revenue.

Share This Article
X Email Copy Link Print
Leave a Comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

- Advertisement -
Ad imageAd image

You Might Also Like

News

President Muizzu Welcomes Indian PM Modi in Diplomatic Milestone Visit

By Ahmed Ashraf
News

Investigation underway after couple found dead in Addu City home

By Ahmed Ashraf
News

MMA strengthens payment services framework with revised capital requirements

By Hussain Shinan
NewsTechnology

Cyber Crime Victims Endure Severe Losses, Society Urged to Be Conscious: CP Shujau

By Ahmed Ashraf
The Standard Maldives
Facebook Twitter Instagram

About Us


“The Standard Maldives” is your premier source for the latest news, insights, and stories from the Maldives. With a commitment to accuracy and independence, we bring you comprehensive coverage of local developments, regional events, and global perspectives that impact our island nation. From breaking news to in-depth analyses, we aim to inform, inspire, and engage. Proudly carrying the tagline, ‘The World’s Window on Maldives,’ we connect the Maldives to the world and the world to the Maldives. Stay informed, stay connected.”

Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?