The Maldives Inland Revenue Authority (MIRA) has reported that the state collected over USD 800 million in revenue between January and September this year.

According to MIRA's data for September, the state received USD 801.2 million by the end of the month, marking an increase from the USD 705.1 million collected during the same period last year. This represents a growth of USD 96 million, or 13.6%.

The majority of revenue in dollars came from taxes, with USD 625.7 million collected in the first nine months of this fiscal year. This is USD 54 million higher than the USD 571 million collected during the same period in the previous year.

Tourism Goods and Services Tax (TGST) saw the largest increase, with collections reaching USD 469 million by September 2018. This is a rise of USD 51 million compared to the USD 418 million collected during the same period last year.

Non-tax revenue also saw a significant rise, growing from USD 133.7 million last year to USD 175 million this year. The state earned USD 6.3 million in land acquisition fees, USD 15 million from lease extension fees for tourism-related land, USD 92 million in rent from tourism land, and USD 56 million from airport development fees, according to MIRA's data.