The earnings for MIRA for last year has increased by 13.2% compared to that of 2014.
Statements published by MIRA said that in 2015, MIRA had earned MVR 13.0 billion. In 2014, the figure was MVR 11.5 billion.
GST topped the revenue earnings, with 46.2% share amounting to MVR 6.0 billion. BPT came in as the second biggest earner, with 20.5% amounting to MVR 2.7 billion. These two aspects combined accounts for 2/3 of the total earnings.
The total earnings for December is MVR 976 million, which is a reduction of 2.4% compared to 2014. This is directly attributed to a reduction of 19.3% for TGST and 17.4% for Airport Service Charge, linked to the low number of tourist arrivals.
This figure is a 9.7% less amount than the estimated earnings for the period. The total number of tourist arrivals for the period was 14.5% less than that was previously estimated.
GST again took the lion’s share of the earnings, with MVR 471.0 million, which amounts to 48.3% of the total earnings. Tourism Land rent accounted for MVR 264.8 million (27.1%), BPT earned MVR 43.3 million (7.4%), while green tax earned MVR 46.8 million (4.8%) and airport service charges earned MVR 43.3 million (4.4%).
Additionally, US dollar accounted for US$ 45.3 million in the December period.
MIRA earnings increase 13.2% in 2015
