Ministry of Finance and Treasury

MVR 286 million in Green Tax Fund at the end of May

Ministry of Finance and Treasury has said that there is MVR 286 million in the Green Tax Fund at the end of May 2019.

Statistics released by the Ministry show that the highest green tax came from the Kaafu Atoll. The second highest is from Alifu Dhaalu Atoll with Baa Atoll in the third and Resorts, Hotels and Guesthouses.

MVR 28 million of the Green Tax came from Kaafu Atoll while MVR 27 million from the resorts in the atoll and MVR 184,668 paid from the guesthouses in the atoll.

MVR 10 million was paid from Alifu Dhaalu Atoll with the atoll’s resorts paying MVR 998,380 and guesthouses paying MVR 245,127.

While resorts and guesthouses in the country have paid MVR 75 million as Green Tax, the liveaboards have paid MVR 2.3 million at the end of May 2019.