State revenue reaches 31.5 billion rufiyaa with three percent growth

Government revenue has risen by three percent to 31.5 billion rufiyaa, according to figures reported by state media.

AtollPost Desk

State revenue has reached 31.5 billion rufiyaa, representing a three percent increase, according to reports from Public Service Media.

The figure reflects ongoing collection across tax and non-tax sources. Tourism-related revenues continue to form a major component of government income, alongside goods and services tax, import duties and other fees.

The increase comes amid broader efforts to strengthen fiscal management and expand the economic base. Official detailed breakdowns by category are expected from the Ministry of Finance.

The revenue performance is being monitored closely in the context of the national budget and development spending.

Related stories