Tourist Arrivals Reach a Record High in February

February’s tourist arrivals reached a record high, according to Maldives Monetary Authority’s Monthly Economic Review (March 2015).

Government revenue from import duties, fees and charges increase in 2014

Government revenue from import duties, fees and charges increased 22% in 2014 compared to the previous year, the Maldives Customs Service has revealed. While customs collected a total of MVR1.96 billion during the year, the total C.I.F (cost, insurance and freight) value of goods imported in 2014 was MVR30.7 billion – a 15% rise or MVR4 billion higher than 2014.