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News Samoa Agreement / revenue strategy Maldives Impact 8.0/10 2 min read
Government To Implement Cost-Cutting Measures; Key Agreement To Be Submitted for Parliamentary Approval

Government To Implement Cost-Cutting Measures; Key Agreement To Be Submitted for Parliamentary Approval

President Mohamed Muizzu decided to implement cost-cutting measures, boost revenue, and outline a medium-term revenue strategy based on a Finance Ministry proposal. He appointed a Cabinet subcommittee for economic diversification. He also decided to implement the 'Malé Fahi Programme' to tackle traffic congestion in greater Malé, directing an action plan with timelines. Additionally, he decided to submit the Samoa Agreement with OACPS to Parliament for approval. The agreement covers human rights, democracy, governance, peace, development, environment, and migration, and is expected to enhance Maldives' access to EU opportunities, especially for fisheries exports.

President Mohamed Muizzu decided to implement cost-cutting measures, boost revenue, and outline a medium-term revenue strategy based on a Finance Ministry proposal. He appointed a Cabinet subcommittee for economic diversification. He also decided to implement the 'Malé Fahi Programme' to tackle traffic congestion in greater Malé, directing an action plan with timelines. Additionally, he decided to submit the Samoa Agreement with OACPS to Parliament for approval. The agreement covers human rights, democracy, governance, peace, development, environment, and migration, and is expected to enhance Maldives' access to EU opportunities, especially for fisheries exports.

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Maldives Republic

Published

Jun 25, 2024

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2 min

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President Mohamed Muizzu decided to implement cost-cutting measures, boost revenue, and outline a medium-term revenue strategy based on a Finance Ministry proposal. He appointed a Cabinet subcommittee for economic diversification. He also decided to implement the 'Malé Fahi Programme' to tackle traffic congestion in greater Malé, directing an action plan with timelines. Additionally, he decided to submit the Samoa Agreement with OACPS to Parliament for approval. The agreement covers human rights, democracy, governance, peace, development, environment, and migration, and is expected to enhance Maldives' access to EU opportunities, especially for fisheries exports.

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Focus: Government To Implement Cost-Cutting Measures; Key Agreement To Be Submitted for Parliamentary Approval

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