Business fisheries / fish price Maldives Impact 7.0/10 1 min read

President Pledges to Maintain MIFCO Fish Purchase Price at MVR 20 per Kilogram

President Dr Mohamed Muizzu stated the government aims to maintain MIFCO's fish purchase price at no less than MVR 20 per kilogram. The price increased from MVR 16 to MVR 20. Policies include expanding fish storage, adding value, and increasing processing capacity. Projects to expand Felivaru fish processing factory are being accelerated to double or triple processing volumes. MIFCO increased the price on 9 June.

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Published

Jun 20, 2026

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📋 Story Brief

President Dr Mohamed Muizzu stated the government aims to maintain MIFCO's fish purchase price at no less than MVR 20 per kilogram. The price increased from MVR 16 to MVR 20. Policies include expanding fish storage, adding value, and increasing processing capacity. Projects to expand Felivaru fish processing factory are being accelerated to double or triple processing volumes. MIFCO increased the price on 9 June.

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Focus: President Pledges to Maintain MIFCO Fish Purchase Price at MVR 20 per Kilogram

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03:32

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One Online

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