Muizzu Reaffirms Pledge to Maintain Skipjack Tuna Buying Rate at Minimum MVR 20 per KG

President Mohamed Muizzu reaffirmed his pledge to maintain the skipjack tuna purchase price at a minimum of MVR 20 per kilogram during the 'Masveringe Gunzaru 2023' forum held on Fishermen's Day, December 9, 2023. Fishermen expressed concerns about not lowering the price below MVR 20, as the current rate is MVR 25 per kilo set by the previous administration. The state-owned Maldives Industrial Fisheries Company (MIFCO) has previously objected that the MVR 25 rate is unsustainable. Under new management, the price is under review, but the administration has assured it will not drop below MVR 20. Fishermen also requested strengthening the buying mechanism, especially in southern Huvadhu Atoll, and expediting the construction of a canning factory on Mulaku Island in Meemu Atoll. The President assured that work on fulfilling pledges to the fishing community would begin soon.

President Mohamed Muizzu reaffirmed his pledge to maintain the skipjack tuna purchase price at a minimum of MVR 20 per kilogram during the 'Masveringe Gunzaru 2023' forum held on Fishermen's Day, December 9, 2023. Fishermen expressed concerns about not lowering the price below MVR 20, as the current rate is MVR 25 per kilo set by the previous administration. The state-owned Maldives Industrial Fisheries Company (MIFCO) has previously objected that the MVR 25 rate is unsustainable. Under new management, the price is under review, but the administration has assured it will not drop below MVR 20. Fishermen also requested strengthening the buying mechanism, especially in southern Huvadhu Atoll, and expediting the construction of a canning factory on Mulaku Island in Meemu Atoll. The President assured that work on fulfilling pledges to the fishing community would begin soon.

President Mohamed Muizzu reaffirmed his pledge to maintain the skipjack tuna purchase price at a minimum of MVR 20 per kilogram during the 'Masveringe Gunzaru 2023' forum held on Fishermen's Day, December 9, 2023. Fishermen expressed concerns about not lowering the price below MVR 20, as the current rate is MVR 25 per kilo set by the previous administration. The state-owned Maldives Industrial Fisheries Company (MIFCO) has previously objected that the MVR 25 rate is unsustainable. Under new management, the price is under review, but the administration has assured it will not drop below MVR 20. Fishermen also requested strengthening the buying mechanism, especially in southern Huvadhu Atoll, and expediting the construction of a canning factory on Mulaku Island in Meemu Atoll. The President assured that work on fulfilling pledges to the fishing community would begin soon.

This story involves 1 source and may affect public understanding of price guarantee / fisheries pledge.