Government revenue reached MVR 22.4 billion during the first half of 2026, with tax collections increasing by MVR 2 billion, although the state budget still recorded an overall deficit of MVR 975.9 million.
Sri Lanka has officially been reclassified as an upper-middle-income economy by the World Bank, marking a significant milestone in the country’s economic recovery following its worst financial crisis in decades.
The Maldivian government has collected MVR 714 million in tourism land rent revenue during the first four months of this year, according to the latest figures released by the Maldives Inland Revenue Authority (MIRA). The amount marks a 22.6 percent increase compared to the same period last year, when the state received MVR 582 million…
