Ministry of Finance has revealed over 32.375 million US dollars was deposited to the Green Fund in the first half of the year.
The state has spent USD 10.683 million, with USD 22.209 million currently kept in the Green Fund, according to the statistics published by the finance ministry.
In the first 6 months of the year, the highest amount was deposited to the Green Fund in March and April. In this regard, USD 5.374 million was deposited to the fund in each of the two highest earning months.
Green Tax is payable by tourists who stay in tourist resorts, tourist hotels and tourist vessels. It is also payable by tourists who stay in tourist guesthouses from October 1, 2016 onwards.
Green Tax is payable at the rate of USD 6 per day of stay from tourist resorts, tourist hotels and tourist vessels, and USD 3 per day of stay from tourist guesthouses. Maldivians and resident permit holders are not required to pay Green Tax.
Last December, the administration established a trust fund under the name Green Fund to solve environment-related issues in Maldives.