MIFCO reduced the purchase price of skipjack tuna from MVR 25 to MVR 20 per kilogram amid financial challenges, with the Fisheries Minister telling Parliament the higher rate was unsustainable and would require MVR 1.1 billion in subsidies. MIFCO has paid fishermen MVR 422 million since the Muizzu administration took office, with MVR 270 million still outstanding.
Tracked MVR 20 Food prices
One outlet so far Only Maldives Republic has reported this among the sources we monitor. A gap in what we monitor, not proof that others did not report it.
Maldives Industrial Fisheries Company (MIFCO) on Monday reduced the per kilogram purchase price of Skipjack tuna from MVR 25 to MVR 20.
Word for word from the report in Maldives Republic. Open the report
he said while speaking during the Parliament Question Time on Monday.
Word for word from the report in Maldives Republic. Open the report
The fishermen are also saying that it’s important that they are paid, even if it means reducing the buying rate to MVR 20. And this change had to be made to save MIFCO
I still do not believe that the change made by the then government between the first round of voting and the second round of voting was done in good faith. It was done without any research, purely for political reasons
Nothing to compare yet. If another monitored source reports it, its headline appears beside this one.
Maldives Industrial Fisheries Company (MIFCO) on Monday reduced the per kilogram purchase price of Skipjack tuna from MVR 25 to MVR 20.
Word for word from the report in Maldives Republic. Open the report
Maldives Industrial Fisheries Company (MIFCO) on Monday reduced the per kilogram purchase price of Skipjack tuna from MVR 25 to MVR 20.
Word for word from the report in Maldives Republic. Open the report
increased the per-kilo buying rate of skipjack tuna from MVR 17 to MVR 25; a 47 percent hike which many, even at the time, believed to be unsustainable given the prevailing market rates.
Word for word from the report in Maldives Republic. Open the report
increased the per-kilo buying rate of skipjack tuna from MVR 17 to MVR 25; a 47 percent hike which many, even at the time, believed to be unsustainable given the prevailing market rates.
Word for word from the report in Maldives Republic. Open the report
Minister Shiyam said the government would have to provide MVR 1.1 billion in subsidies to MIFCO if it were to maintain the buying rate at MVR 25 per kilo for the entire year.
Word for word from the report in Maldives Republic. Open the report
revealed that MIFCO had disbursed a total of MVR 422 million to fishermen since the Mohamed Muizzu administration took office
Word for word from the report in Maldives Republic. Open the report
however, there remained an outstanding MVR 270 million yet to be paid to fishermen.
Word for word from the report in Maldives Republic. Open the report
