President Muizzu Announces Clearance of Outstanding Dues to Fishermen

President Mohamed Muizzu announced that the government cleared all outstanding payments to fishermen, resolving a dispute that led to the shutdown of Kooddoo Fisheries Complex. The backlog was MVR 250 million when Muizzu assumed office on 17 November 2023. Muizzu reiterated his campaign pledge to pay fishermen within 48 hours of fish purchase, though it has not yet been implemented. MIFCO has been restructured as a separate state-owned enterprise. The previous MDP administration raised the skipjack tuna buying rate to MVR25 in September 2023, which the current government lowered to MVR20, promising no further reductions.

President Mohamed Muizzu announced that the government cleared all outstanding payments to fishermen, resolving a dispute that led to the shutdown of Kooddoo Fisheries Complex. The backlog was MVR 250 million when Muizzu assumed office on 17 November 2023. Muizzu reiterated his campaign pledge to pay fishermen within 48 hours of fish purchase, though it has not yet been implemented. MIFCO has been restructured as a separate state-owned enterprise. The previous MDP administration raised the skipjack tuna buying rate to MVR25 in September 2023, which the current government lowered to MVR20, promising no further reductions.

President Mohamed Muizzu announced that the government cleared all outstanding payments to fishermen, resolving a dispute that led to the shutdown of Kooddoo Fisheries Complex. The backlog was MVR 250 million when Muizzu assumed office on 17 November 2023. Muizzu reiterated his campaign pledge to pay fishermen within 48 hours of fish purchase, though it has not yet been implemented. MIFCO has been restructured as a separate state-owned enterprise. The previous MDP administration raised the skipjack tuna buying rate to MVR25 in September 2023, which the current government lowered to MVR20, promising no further reductions.

This story involves 1 source and may affect public understanding of fisheries crisis / fishermen payments.