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News parliament / payments Maldives Impact 6.0/10 3 min read
Parliamentary Motion Urges Expedited Payments to Fishermen as Concerns Grow Over Unpaid Dues

Parliamentary Motion Urges Expedited Payments to Fishermen as Concerns Grow Over Unpaid Dues

A parliamentary resolution introduced by MP Rozaina Adam on 5 February calls on the Muizzu administration to expedite payments to fishermen who have been unpaid for over two months. The resolution highlights that fishermen are facing hardships and that the Fisheries Act aimed to ensure adequate income. President Muizzu had pledged to arrange payment within 48 hours. MIFCO increased the buying rate from MVR 17 to MVR 25 per kg before the presidential elections, leading to a budget shortfall. Minister Ahmed Shiyam stated that while MVR 250 million was budgeted, an additional MVR 250 million was needed and not allocated.

A parliamentary resolution introduced by MP Rozaina Adam on 5 February calls on the Muizzu administration to expedite payments to fishermen who have been unpaid for over two months. The resolution highlights that fishermen are facing hardships and that the Fisheries Act aimed to ensure adequate income. President Muizzu had pledged to arrange payment within 48 hours. MIFCO increased the buying rate from MVR 17 to MVR 25 per kg before the presidential elections, leading to a budget shortfall. Minister Ahmed Shiyam stated that while MVR 250 million was budgeted, an additional MVR 250 million was needed and not allocated.

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Maldives Republic

Published

Feb 11, 2024

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A parliamentary resolution introduced by MP Rozaina Adam on 5 February calls on the Muizzu administration to expedite payments to fishermen who have been unpaid for over two months. The resolution highlights that fishermen are facing hardships and that the Fisheries Act aimed to ensure adequate income. President Muizzu had pledged to arrange payment within 48 hours. MIFCO increased the buying rate from MVR 17 to MVR 25 per kg before the presidential elections, leading to a budget shortfall. Minister Ahmed Shiyam stated that while MVR 250 million was budgeted, an additional MVR 250 million was needed and not allocated.

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