News

Higher fees and dividends lift non-tax revenue

January 7, 2026 4:47 pm

[File Photo]

Non-tax revenue increased significantly in the first quarter of the financial year.

Collections rose to $234.5 million, exceeding forecasts by nearly 16 percent and marking a year-on-year increase of more than $32 million.

According to the Government’s Provisional First Quarter Fiscal Performance Report 2025-2026, the increase was largely driven by higher collections from fees, fines and charges, as well as increased dividends from government investments.

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While the improved performance strengthened Government finances, it has also raised questions about the impact of rising service-related costs on households and businesses.

The Ministry says the increase reflects improved compliance and stronger returns on state investments.

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