Government receives 47 Million Rufiyya in revenue from Fines

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Government has received 47 Million Rufiyya in revenue from various fines according to Maldives Inland Revenue report. The report published has stated 48 Million was in previous 3 months which accounts 4.3% share in revenue.

Compare to previous year which had a revenue of 67.72 Million was received in revenue which is a drop compare to this year. More specifically looking at the month of march we can see drop as well with 7,91 Million in received as revenue.

According to government estimates 169.7 Million was projected to receive as revenue for this year but due to corona virus many economists estimates that the revenue would drop down further.

 

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