Budget 2022
Revenue
Approved by People's Majilis
Total Revenue
In rufiyaa
2020
2021
2022
2023
2024
Actual
Revised
Budgeted
Budgeted
Budgeted
Total Revenues & Grants
15,221,889,824
19,678,613,713
24,279,891,632
27,977,524,423
27,977,524,423
Subsidiary Loan Repayment
(185,148,725)
(10,980,452)
(418,410,936)
(519,744,061)
(519,744,061)
Total Revenue
15,407,038,549
19,689,594,165
24,698,302,568
28,497,268,484
28,497,268,484
Tax Revenue
10,959,206,985
13,916,878,665
15,354,969,575
17,009,119,238
17,009,119,238
Import Duties
2,263,646,203
2,804,520,134
3,223,360,720
3,478,204,947
3,478,204,947
Import Duty - Private Parties
2,262,207,441
2,804,380,966
3,223,075,552
3,477,905,521
3,477,905,521
Import Duty - Government Agencies
1,438,762
139,168
285,168
299,426
299,426
Export Duties
-
-
-
-
-
Export Duty - Private Parties
-
-
-
-
-
Export Duty - Government Agencies
-
-
-
-
-
Business and Property Tax
3,655,448,890
2,664,510,641
2,711,316,012
3,154,846,377
3,154,846,377
Tourism Tax
-
-
-
-
-
Land Sales Tax
961,258
-
-
-
-
Business Profit Tax
2,133,989,884
1,046,106,393
1,232,055,384
1,543,846,075
1,543,846,075
Ownership Transfer Tax
-
6,437,700
6,437,700
6,437,700
6,437,700
Bank Profit Tax
953,699,643
658,507,866
603,382,376
636,713,603
636,713,603
Withholding Tax
483,570,046
742,330,711
661,655,058
745,600,565
745,600,565
Individual Income Tax
83,199,879
208,007,132
204,573,639
219,036,579
219,036,579
Transport Operator Income Tax
28,180
3,120,839
3,211,855
3,211,855
3,211,855
Goods and Services Tax
4,306,755,710
7,206,490,322
7,699,366,024
8,412,787,065
8,412,787,065
Tourism Goods and Services Tax
2,220,152,020
4,699,141,650
4,821,849,521
5,243,709,506
5,243,709,506
Goods and Services Tax
2,086,603,690
2,507,348,672
2,877,516,503
3,169,077,559
3,169,077,559
Royalties
25,936,276
70,384,835
80,274,217
85,844,782
85,844,782
Duty-Free Shop Royalty
25,837,393
43,457,556
52,001,624
56,158,559
56,158,559
Fuel Re-Export Royalty
98,883
-
-
-
-
Re-Export Royalty
-
26,926,279
28,272,593
29,686,223
29,686,223
Foreign Trade Royalty
-
-
-
-
-
Foreign Fishing Royalty
-
1,000
-
-
-
Foreign Investment Royalty
-
-
-
-
-
Garment Industries Royalty
-
-
-
-
-
Bullion Royalty
-
-
-
-
-
Yellowfin Tuna Export Royalty
-
-
-
-
-
Fish Export Royalty
-
-
-
-
-
Other Taxes and Duties
707,419,906
1,170,972,733
1,640,652,602
1,877,436,067
1,877,436,067
Sale of Revenue Stamps
63,335,910
2,901,389
-
-
-
Green Tax
351,774,240
754,893,808
823,748,948
946,040,318
946,040,318
Airport Tax
-
-
-
-
-
Airport Service Charges
283,339,592
413,076,315
769,200,772
874,152,291
874,152,291
Remittance Tax
8,970,164
101,221
-
-
-
Miscellaneous Taxes and Duties
-
-
47,702,882
57,243,458
57,243,458
Non Tax Revenue
3,478,200,818
4,604,442,041
6,418,406,055
7,015,364,891
7,015,364,891
Fees and Charges
991,172,406
953,095,172
1,503,537,266
1,647,095,143
1,647,095,143
Company Annual Fee
15,733,438
17,770,586
17,454,592
17,782,221
17,782,221
Restaurant, Cafe, Canteen Fee
146,552
62,100
18,825
19,013
19,013
Non-Fisheries Vessel Fee
24,941,894
27,543,416
-
-
-
Certificate Fee
11,196,437
7,383,258
10,264,338
10,365,554
10,365,554
Charges for Providing Seal
-
179,200
436,800
458,640
458,640
Survey Fee
2,272,309
1,063,758
2,154,064
2,175,605
2,175,605
Customs Surcharge
-
-
-
-
-
Transfer of Goods
-
-
-
-
-
Intransit Fee
-
-
-
-
-
Bonded Warehouse Fee
6,136,537
5,950,313
6,011,618
6,366,421
6,366,421
Release of Staff
3,746,365
5,394,071
5,501,952
5,611,991
5,611,991
Form Printing Fee
611
715
600
600
600
Advertisement By Government
-
-
-
-
-
Advertisement By Private Parties
-
-
-
-
-
Announcements By Government
-
-
-
-
-
Recording Fee
-
-
-
-
-
Sponsorship of Programmes
100,000
45,000
-
-
-
Hire of Sound System
43,000
1,500
43,000
43,000
43,000
Approval of Movies and TV Serials
188,065
1,000
74,552
75,297
75,297
Approval of Songs In Local Films
-
-
-
-
-
Driving Test Fee
1,619,445
1,230,235
2,315,534
2,338,689
2,338,689
Seaman Watchkeeping Stamp
37,850
56,700
112,404
113,528
113,528
Seaman Agency Change Fee
1,200
-
-
-
-
Ship, Boat Numbers
707,450
328,000
750,198
757,700
757,700
Landing Charges
42,530
64,065
-
-
-
Handling Charges
-
158,121
-
-
-
Birth Registration Fee
-
-
-
-
-
Birth Certificate Issuance
-
-
-
-
-
Parking Charges
-
-
-
-
-
Disposal of Waste
700
267
-
-
-
Market Fee
-
-
-
-
-
Dividing Housing Plots
-
-
-
-
-
Drawing Chart
-
-
-
-
-
Pay Toilet Charges
-
-
-
-
-
Providing Seal on Measuring Instruments
25,250
44,867
47,110
47,581
47,581
Music and Cable TV at Exhibitions
508,706
1,001,500
1,481,860
1,496,679
1,496,679
Passport Cancellation Fee
57,400
75,333
56,950
66,367
66,367
Sale of Training Centre Products
-
-
-
-
-
Conducting Marriage Outside The Court
1,831,900
754,420
1,149,280
1,160,772
1,160,772
Court Fee
390,296
276,364
373,279
377,010
377,010
Photocopy Charges
221,217
187,598
178,073
179,659
179,659
Telephone Call, Telex, Telefax Charges
20,285
24,559
19,075
19,265
19,265
Sale of Tender Documents
1,193,552
1,772,131
399,949
403,948
403,948
Billboard and Advertisement Charges
121,600
4,267
-
-
-
Express Service Charges
-
-
-
-
-
School Fee
4,822
186,965
140,224
140,224
140,224
Boarding Fee
-
-
-
-
-
Course Fee and Examination Fee
9,469,487
10,818,507
11,568,729
11,633,706
11,633,706
Examination Paper Re-evaluation Fee
410,175
140,157
121,377
131,769
131,769
Charges for Testing Quality of Bricks
-
-
-
-
-
Approval of Advertisment
600
-
-
-
-
Approval of Books
-
-
-
-
-
Political Candidates' Deposit
6,420,000
-
-
300,000
300,000
Use of Male' T-Jetty
-
-
-
-
-
Flat Maintenance
408,101
478,509
499,215
471,180
471,180
Consultation Fee
20,021,158
4,362,507
20,262,412
20,465,034
20,465,034
Medical Check-Up Fee
7,362,467
1,919,018
10,756,578
10,864,140
10,864,140
Ambulance Fee
2,300,669
11,963,198
14,879,988
14,894,452
14,894,452
Hospital Ward Fee
6,925,569
4,684,276
7,114,157
7,185,296
7,185,296
X-Ray Fee
2,120,934
1,026,547
2,348,758
2,372,243
2,372,243
Charges for Dental Services
563,929
474,175
554,533
560,076
560,076
E.C.G. Fee
337,383
151,568
437,333
441,707
441,707
Operation and Surgery Fee
1,990,065
1,032,762
1,463,283
1,477,917
1,477,917
Charges for Laboratory Tests
30,080,704
14,844,688
22,091,654
22,312,566
22,312,566
Health Record Issuance
37,170
30,000
33,255
33,587
33,587
Dressing and Injection Charges
3,669,206
1,506,895
4,929,947
4,979,246
4,979,246
Scan Fee
425,585
288,256
257,365
259,938
259,938
Physiotherapy Fee
86,177
52,887
67,201
67,871
67,871
Labour Fee
10,870
4,373
733
741
741
Endoscopy Charges
-
-
-
-
-
Refraction
-
-
-
-
-
C.T. Scan Fee
75,940
102,973
128,665
129,952
129,952
ID Card Issuance
3,251,740
3,994,480
4,194,204
4,403,914
4,403,914
Sale of Ticket
378,277
33,371
692,366
699,290
699,290
Sale of Pass
5,162,524
2,797,076
3,639,194
3,650,095
3,650,095
Residential Permit
250,701,840
51,098,700
7,150,280
7,150,280
7,150,280
Permission for air travel within Maldives
3,211,888
4,334,071
-
-
-
Partnership Annual Fee
336,840
-
-
-
-
Import Trade Fee
2,935
13,325
-
-
-
Fees for Changing Name
210
-
-
-
-
Electricity Charges Received
1,105,768
272,320
453,360
457,894
457,894
Local Transport Surcharge
-
-
-
-
-
Charges for Pvoviding Statistics
-
-
-
-
-
Dry Dock Charges
31,880
98,980
24,745
24,992
24,992
Co-operative Society Annual Fee
237,278
235,633
64,358
64,932
64,932
Co-operative Society Registration Fee
600
1,000
1,600
1,600
1,600
Social Health Insurance Claims
-
-
-
-
-
Trade Registry Fee
1,662,620
2,246,957
2,164,372
2,142,728
2,142,728
Foreign Investment Administration Annual Fee
3,196,225
5,984,067
4,825,800
3,983,200
3,983,200
Processing charge
3,755,101
5,130,436
5,515,183
5,928,784
5,928,784
Import Vessel Fee
54,500
507,660
112,432
113,556
113,556
Lease period extension
153,500,000
-
-
-
-
Construction period extension fee
2,000
-
-
-
-
Airport development fee
285,888,290
419,399,750
769,200,772
874,152,291
874,152,291
Corporate social responsibility fee
21,566,315
3,717,195
5,947,512
6,006,987
6,006,987
Tourism Administration fee
-
-
-
-
-
Trauma service
-
-
-
-
-
Dermatology Service
52,096
43,007
14,709
14,856
14,856
Cardiac Service
3,548,584
1,288,989
1,805,914
1,823,973
1,823,973
Admission Fee
35,350
16,800
22,111
22,332
22,332
Light Dues
4,131,946
3,021,424
3,181,250
3,213,062
3,213,062
Fee for Sand mined from beaches
-
-
-
-
-
Sovereign Guarantee Fee
-
-
-
-
-
Other Contribution to SDF
-
-
-
-
-
Expatriate Quota Fee
-
-
194,867,774
204,611,163
204,611,163
Revenue Clearing Account
277,900
-
-
-
-
Other Fees and Charges
21,491,907
12,132,039
14,736,937
14,867,949
14,867,949
Revenue Fee
63,582,192
311,286,287
338,422,933
365,180,080
365,180,080
Registration and Licence Fees
358,476,689
581,535,706
740,602,409
763,487,556
763,487,556
Company Registration Fee
3,496,482
3,051,255
3,533,906
3,528,575
3,528,575
Partnership Registration Fee
462,000
230,500
142,800
145,656
145,656
Auditors Registration Fee
-
-
-
-
-
Guest House Registration Fee
519,000
1,080,500
1,080,500
1,080,500
1,080,500
Training Centre Registration Fee
35,200
13,975
49,719
50,216
50,216
Foreign Trading Approval Fee
-
-
-
-
-
Dive School Registration Fee
130,000
112,500
119,219
163,925
163,925
Club, Association Registration Fee
8,800
3,800
3,800
3,838
3,838
Clinic Registration Fee
2,900
11,500
5,400
5,454
5,454
Duty Free Concession Fee
-
-
-
-
-
Expatriate Fishing Fee
-
-
-
-
-
Work Permit Fee
-
308,066,566
440,789,125
445,197,016
445,197,016
Driving Licence Issuance
3,516,600
2,658,630
4,461,242
4,505,854
4,505,854
Motor Vehicle Licence Fee
102,954,152
-
-
-
-
Desalination Plant Licence Fee
11,000
-
-
-
-
Telecom License Fees
188,273,046
210,522,945
232,476,746
248,901,099
248,901,099
Registration Fee
1,501,665
1,300,940
2,045,148
2,064,424
2,064,424
Cancellation of Registration
78,020
43,720
65,748
66,405
66,405
Bank Mortgage Registration Fee
635,710
453,755
460,653
460,753
460,753
Marriage Registration
703,991
526,265
552,476
553,349
553,349
Renewal of Land Registry
100
-
-
-
-
Certificate to Register As A Male' Citizen
-
-
-
-
-
Misc. Certificates Issued In Male for Islands
-
-
-
-
-
Permission to Send Foreign Workers to Islands
-
-
-
-
-
Vessels Anchored In Male' Lagoon
913,890
819,145
1,194,620
1,206,566
1,206,566
Port Fee
8,516,896
5,265,100
5,277,079
5,329,850
5,329,850
Seaman Agreement Registration
15,060
14,126
26,965
27,235
27,235
Seaman Registration
-
-
-
-
-
Postage Control Permission
498,163
-
30,363
31,881
31,881
Copyright Registration fee
8,000
18,934
19,600
19,796
19,796
Inwar & Outward clearance fee
2,041,000
2,271,150
2,351,500
2,434,600
2,434,600
Loading & Unloading fee
30,426,153
31,123,165
34,749,812
36,484,733
36,484,733
Dewatering permit fee
2,185,500
1,956,267
2,175,500
2,197,255
2,197,255
Sole Traders Registration fee
2,315,800
2,450,123
2,607,674
2,607,674
2,607,674
Employment Agency Registration fee
45,000
46,667
47,833
48,312
48,312
Other Registration & Licence Fees
8,153,061
7,606,178
4,446,981
4,484,590
4,484,590
Online Business and Activity Registration Fee
1,029,500
1,888,000
1,888,000
1,888,000
1,888,000
Proceeds from Sales
14,576,320
10,826,556
14,068,217
14,785,470
14,785,470
Sale of Books, News Papers, Magezines Etc
551,124
255,173
160,658
187,398
187,398
Sale of Gazette, Law, Regulation
890
12,643
13,845
13,983
13,983
Sale of Calendar,Souvenir Etc
47,965
31,130
34,243
37,667
37,667
Sale of Official Forms
249,947
117,894
166,351
176,195
176,195
Sale of Historical Books Etc
-
-
-
-
-
Sale of C.D.C
8,920
4,950
10,519
10,624
10,624
Sale of Passport and E.C.
13,327,250
10,116,467
13,421,961
14,093,059
14,093,059
Sale of Trees and Timber
-
-
-
-
-
Sale of Sand, Coral, Stone Etc
-
-
-
-
-
Sale of Water
57,080
43,073
126,453
127,718
127,718
Other Sales
333,144
245,226
134,187
138,826
138,826
Property Income
806,650,440
2,154,278,602
2,356,035,422
1,799,304,382
1,799,304,382
Rent from Goifaalabba, Hinna
2,992,971
5,671,159
4,425,753
5,073,698
5,073,698
Rent from Government Buildings
34,763,609
31,641,162
40,284,453
41,207,173
41,207,173
Rent from Resorts
700,683,983
1,997,021,650
1,760,863,870
1,257,037,158
1,257,037,158
Rent from Land for Commmercial Purposes
48,988,896
83,709,633
83,057,531
78,851,878
78,851,878
Rent from Land for Industry
5,704,056
1,626,171
3,770,644
2,833,328
2,833,328
Rent from Government Vessels
-
-
-
-
-
Rent from Helipads
-
-
-
-
-
Rent from Islands for Long Term Agriculture
8,902,291
15,536,396
15,396,205
15,396,205
15,396,205
Rent from Floating Jetty
52,000
24,000
24,000
24,000
24,000
Uninhabited Island Administration Fee
-
-
-
-
-
Uninhabited Islands Rent (to ctzn of the Island)
-
-
-
-
-
Land acquisition and conversion fee
3,933,798
18,775,592
448,032,000
398,688,000
398,688,000
Rent from Public Places
-
-
-
-
-
Other Rent and Property Income
628,836
272,839
180,966
192,942
192,942
Fines and Penalties
151,511,453
167,686,263
62,359,657
52,081,032
52,081,032
Fine-Breach of Law
69,329,751
64,426,715
16,401,254
16,391,523
16,391,523
Fine-Breach of Regulation
26,754,518
20,798,525
12,745,301
12,304,348
12,304,348
Fine-Breach of Agreement
9,144,097
52,052,229
8,315,684
8,448,953
8,448,953
Late fine deducted from Salaries
6,033,233
5,749,909
6,074,317
6,227,679
6,227,679
Dharanyaai Qazziyya joorimanaa
526,751
95,215
92,974
65,672
65,672
Traffic Violation Charges
37,442,293
22,967,097
17,225,323
7,000,000
7,000,000
Vehicle Impounding Fee
-
-
-
-
-
Other Fine or Penalty
2,280,810
1,596,573
1,504,804
1,642,857
1,642,857
Interest, Profit and Dividends
807,572,812
592,592,784
1,237,899,298
2,127,154,251
2,127,154,251
Subsidiary Loan Interest received
206,363,029
10,207,453
207,253,813
215,501,646
215,501,646
Short term Loan Interest received
-
-
-
-
-
Transfers by MMA
169,074,162
-
-
-
-
Div. - Island Aviation Services Ltd
-
-
-
-
-
Div. - Maldives National Shipping Ltd.
-
-
-
-
-
Div. - Hulhumale Development Corporation
-
-
-
-
-
Div. - Maldives Ports Ltd.
-
6,446,123
119,134,792
151,181,234
151,181,234
Div. - Maldives Airports Company Ltd
-
57,870,000
150,000,000
600,429,819
600,429,819
Div. - Maldives Post Ltd
-
-
-
-
-
Div. - Dhivehiraajjeyge Gulhun Pvt. Ltd.
226,672,086
229,827,185
234,515,931
239,213,438
239,213,438
Div. - State Trading Organisation Plc.
870,000
57,912,658
58,453,408
59,445,005
59,445,005
Div. - State Electric Company Ltd.
-
21,000,000
21,000,000
22,000,000
22,000,000
Div. - Public Works Services
-
-
-
-
-
Div. - Maldives Transport and Contracting Co. Ltd.
-
15,481,080
20,640,939
25,801,174
25,801,174
Div. - Nasandhura Palace Hotel
-
-
-
-
-
Div. - Maldives Inflight Catering
-
-
-
-
-
Div. - Maldives Industrial Fisheries Co. Ltd.
-
-
-
-
-
Div. - Bank of Maldives Plc.
-
128,258,168
76,500,000
82,000,000
82,000,000
Div. - Maldives Tourism Development Corporation
-
-
-
-
-
Div. - Housing Development Financing Corporation
21,475,520
9,761,600
9,669,858
9,943,417
9,943,417
Div. - Maldives Water and Sewerage Company Ltd.
75,000,000
30,000,000
87,185,635
235,002,396
235,002,396
Div. - Addu Investments Pvt. Ltd.
-
-
-
-
-
Div. - Madivaru Holdings
-
-
-
-
-
Div. - Air Maldives Ltd.
-
-
-
-
-
Div. - Vilingili Investments Pvt. Ltd.
-
-
-
-
-
Div. - Hulhumale Integrated Economic Zone
-
-
-
-
-
Div. - Gulhi Falhu Industrial Zone Ltd.
-
-
-
-
-
MMA Exchange Profit
-
-
-
-
-
Dividend -SOEs & Public Enterprises
-
25,627,038
253,344,011
486,435,211
486,435,211
Div. - Koohdoo Fisheries
99,186,047
-
-
-
-
Other Interest, Profit or Dividend Received
8,931,968
201,479
200,911
200,911
200,911
Miscellaneous Non-Tax Revenues
341,525,598
144,418,908
503,903,786
611,457,057
611,457,057
Cash Received for Which Purpose Is Unknown
735,291
2,423,357
-
-
-
Reimbursement from Previous Year Budget
40,553,299
48,347,182
76,640
77,400
77,400
Subscription, Membership Fee Etc
192,780
17,570
15,746
15,903
15,903
Subsidiary Loan Repayment
185,148,725
10,980,452
418,410,936
519,744,061
519,744,061
Compensation of Losses to Government Assets
82,613
94,701
7,500
10,000
10,000
Recovery from unclaimed items
32,221
34,470
-
-
-
Zakath
-
-
-
-
-
Donations Received
47,292,386
26,140,722
23,479,763
23,618,894
23,618,894
Receipts to Integrated Transport Network Fund
-
-
-
-
-
Transferred Balance
-
-
-
-
-
Government Contribution to Fishermen insurance
-
-
-
-
-
Fisherman Subsidy Premium
-
-
-
-
-
Zakath al Mal
60,805,349
51,115,537
56,227,091
61,849,800
61,849,800
Zakath al Fitr
6,650,327
5,264,917
5,686,110
6,140,999
6,140,999
Other miscellaneous non-tax revenue
32,607
-
-
-
-
Refund of Miscellaneous Receipts
-
-
-
-
-
Gains
6,715,100
8,050
-
-
-
Gains on Exchange Rates
6,715,100
8,050
-
-
-
Gains on Investment Revaluation
-
-
-
-
-
Gain on Sale of Government Property
-
-
-
-
-
Gain on Sale of Government Land
-
-
-
-
-
Gain on Sale of Sale of Capital Assets
-
-
-
-
-
Gain on Sale of Other Asset
-
-
-
-
-
Gain on Sale of Equity in Public Enterprises
-
-
-
-
-
Gains-Other
-
-
-
-
-
Proceeds from Investments
-
-
-
-
-
Proceeds From Sale
11,638,134
14,346,017
13,125,418
12,495,164
12,495,164
Proceeds from Sale of Assets
11,638,134
14,346,017
13,125,418
12,495,164
12,495,164
Sale of items at auction
1,880,770
1,017,147
267,942
316,823
316,823
Sale of Government Building
364,925
311,703
369,822
366,195
366,195
Sale of Government Land
8,256,800
12,159,653
11,551,671
10,782,564
10,782,564
Sale of Capital Assets
1,134,526
850,894
935,983
1,029,582
1,029,582
Sale of Other Asset
1,113
6,620
-
-
-
Grants
957,992,612
1,153,927,442
2,911,801,520
4,460,289,191
4,460,289,191
Cash Grants
400,049,870
2,409,162
2,313,108,000
3,855,000,000
3,855,000,000
Cash Grants - Bilateral
385,241,867
35,435
2,313,000,000
3,855,000,000
3,855,000,000
Cash Grants - Multilateral
13,076,457
2,328,727
108,000
-
-
Cash Grants - Voluntary Organisation
1,731,546
45,000
-
-
-
In-Kind Grants
5,311,200
547,678,050
-
-
-
In-Kind Grants - Bilateral
4,122,825
545,562,114
-
-
-
In-Kind Grants - Multilateral
329,491
488,059
-
-
-
In-Kind Grants - Voluntary Organisation
858,884
1,627,877
-
-
-
Capital Project Grants
350,325,497
603,840,230
598,693,520
605,289,191
605,289,191
Capital Project Grant - Bilateral
13,583,566
98,212,622
169,930,448
249,977,906
249,977,906
Capital Project Grant - Multilateral
336,741,931
505,627,608
428,763,072
355,311,285
355,311,285
Capital Project Grant - Voluntary Organisation
-
-
-
-
-
Other Grants
202,306,045
-
-
-
-
Other Grant - Bilateral
187,671,664
-
-
-
-
Other Grant - Multilateral
14,634,381
-
-
-
-
Other Grant - Voluntary Organisation
-
-
-
-
-
Total Revenues & Grants
In Billion Rufiyaa