Thursday 16th May 2024
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Ministry of Finance

Govt Earns MVR 146 Million Through Fines

The government has earned MVR 146.2 million through fines, according to the Ministry of Finance.
According to statistics published by the Ministry, the government had; between January 1 and December 31; earned MVR 146.2 million through various fines and penalties. This is still a decline from the MVR 235.5 million earned in 2019.
The decline was probably due to the lockdowns in Malé City in the wake of the COVID-19 outbreak. However, various fines and penalties were imposed on people who broke curfew; and the Health Protection Agency had increased the value of the fines as the state of public health emergency progressed.
The government expects to collect a large amount in fines and penalties in 2021 as well. A full sum of MVR 5.2 million is expected for traffic violations. MVR 14 million for breaking the law, MVR 10 million for violating regulations, MVR 1.9 million from breaking agreements, MVR 8.7 million from labor-related penalties, MVR 100,000 for debt- and legal penalties, and MVR 3 million from other miscellaneous penalties.