Revival Of Tourism Contributes To Higher Dollar Revenue For Maldives

COLOMBO– Revival of tourism in the Maldives, contributed to higher revenue for the country, in the first two months this year compared to the same period in 2021.

The Maldives received 137 million U.S. dollars in Jan and Feb, 2022, compared to 88 million dollars collected in the first two months of 2021, according to statistics released by Maldives Inland Revenue Authority (MIRA), the country’s national tax agency.

MIRA said, the main reason for the increase in revenue is the rise in time spent by tourists and the increase in the number of tourist arrivals.

By Feb 23, the total number of tourist arrivals was 251,339, an increase of 46.9 percent when compared to the same period of 2021, of which 39,660 tourists arrived from Russia, accounting for the largest share, according to the Maldivian Ministry of Tourism.

Source: NAM NEWS NETWORK