Income generated in the past eight months by tourist arrivals lower by USD 200 million (MVR 3 billion) than the income generated in the same period in 2022.
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A group of tourists walk through Vaavu atoll Thinadhoo on May 10, 2023: industry insiders believe the decreased revenue is due to lower room prices this year, than compared to last year -- Photo: Fayaz Moosa / Mihaaru
Lamya Abdulla
2023-11-03 18:02:54
Income generated in the past eight months by tourist arrivals lower by USD 200 million (MVR 3 billion) than the income generated in the same period in 2022.
Data released by central bank Maldives Monetary Authority (MMA) shows Maldives generated USD 2.5 billion (MVR 39 billion) from GST, green tax, airport development fee, tourism tax, and duty free business transactions from tourists in the first eight months of this year.
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