State generates MVR 67M as airport development fee in March

The State generated MVR 67 million (USD 4,390,892) as Airport Development Fee (ADF) in the month of March, reports Maldives Inland Revenue Authority (MIRA).

Statistics released by MIRA last Thursday shows the State generated MVR 192 million from the imposition of ADF in the first quarter of 2019.

ADF took effect in May, 2017. It is imposed on passengers who travel out of Maldives via the Velana International Aiport and was introduced to cover the cost of loans taken for the VIA Development Project.

Airport Development Fee:

• Foreigners: USD 25
• Maldivians: USD 12

The ADF is added to the ticket price. Passengers who enjoy diplomatic immunity are exempt from this fee.

Additional revenue earned by the State from aviation in the month of March includes MVR 67 million (USD 4,376,657) from Airport Service Charge. The total revenue from Airport Service Charge generated by the State in the first quarter of 2019 is MVR 191 million.

Those who are exempt from the Airport Service Charge are:

• Passengers who enjoy diplomatic immunity
• Transit passengers
• Children below the age of 2 years

Airport Development Fee and Airport Service Charge is levied on passengers in USD.