Thursday 21st Nov 2024
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Ministry of Finance

Government to Introduce Additional Charges for Communication Service Providers in 2025

The Maldivian government has announced plans to levy additional charges on communication service providers starting next year, as part of broader measures to boost state revenue. According to the 2025 budget, a frequency spectrum charge will be introduced to ensure the efficient maintenance of the country’s radio frequency spectrum.
The implementation of the new charges will require amendments to existing laws, though details about the anticipated revenue from this specific measure were not included in the budget.
The government’s overall revenue target for the upcoming fiscal year is set at MVR 40 billion, supported by other measures such as increased rates for Tourism Goods and Services Tax (TGST), green tax, airport tax, and excise duties on cigarettes. The President has already ratified the necessary legal amendments to enable these adjustments.
The proposed frequency spectrum charge aligns with the government's broader fiscal strategy to manage public debt and strengthen the economy. By diversifying revenue stream, the government aims to ensure sustainable economic growth and fiscal stability. Further specifics on the implementation timeline and impact of these measures are expected to be outlined in the coming months.