Customs report MVR 76 mil revenue jump in Feb

The Maldives Customs Service has reported a revenue increment by MVR 76 million in February compared to the month before.

Statistics for the month showed a total revenue of MVR 363 million in February this year, which is MVR 76 million more than the MVR 287 million recorded in January.

Customs imported MVR 5.2 billion worth goods in January, which went down to MVR 4.4 billion last month - indicating an MVR 800 million drop in month-to-month imports.

Despite a drop in imports, exports saw an increment. While MVR 144 million worth goods were exported in January, the total exports rose to MVR 223 million in February - indicating an MVR 79 million improvement.