Plastic bag tax generates MVR 1.1 million in revenue

According to the latest data released by the Maldives Inland Revenue Authority (MIRA), revenue from the plastic bag taxes has reached MVR 1.1 million. In addition, non-tax fees have generated a total revenue of MVR 220 million, while the plastic bag tax contributed to 0.50 percent to the overall revenue.

Featured Image

A woman purchasing a pack of bags sold by WAMCO for garbage collection. Last month, MVR 1.1 million was collected as plastic bag taxes. -- Photo: Fayaz Moosa

Anaan Bushry

2023-06-14 13:19:07

According to the latest data released by the Maldives Inland Revenue Authority (MIRA), revenue from the plastic bag taxes has reached MVR 1.1 million. In addition, non-tax fees have generated a total revenue of MVR 220 million, while the plastic bag tax contributed to 0.50 percent to the overall revenue.

Following the implementation of a MVR 2 fee per plastic bag, businesses have begun charging customers for previously free plastic bags in stores.

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