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MIFCO Disburses MVR 17 Million in Overdue Payments to Fishermen Amid Protests

MIFCO disbursed MVR 17 million to fishermen for fish sold between 24 August last year and 25 September this year, bringing 2024 government payouts to nearly MVR 1 billion, while fishermen protested over long-overdue payments. MIFCO, which carries debt exceeding MVR 1.2 billion, has tied its purchase prices to international market rates.

Tracked MVR 16 per kilogramme Food prices

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What are the key figures?

Sources 1carried it 1 of 19 news outlets we monitor
Figures7as written, with their sentences

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.

How the reporting differs

one source so far

Nothing to compare yet. If another monitored source reports it, its headline appears beside this one.

Figures in these reports

as written, with the sentence they come from
  • MVR 17 million MIFCO payment disbursed to fishermen Maldives Republic The Maldives Industrial Fisheries Company (MIFCO) has disbursed MVR 17 million to fishermen for fish sold between 24 August last year and 25 September this year.

    Word for word from the report in Maldives Republic. Open the report

  • nearly MVR 1 billion Government total payout to fishermen in 2024 Maldives Republic This brings the government’s total payout to fishermen in 2024 to nearly MVR 1 billion.

    Word for word from the report in Maldives Republic. Open the report

  • MVR 16 per kilogramme Purchase price, iced fish over 1.5 kg Maldives Republic The current purchase prices from MIFCO are MVR 16 per kilogramme for iced fish weighing more than 1.5 kg, and MVR 14 for non-iced fish.

    Word for word from the report in Maldives Republic. Open the report

  • MVR 14 Purchase price, non-iced fish over 1.5 kg Maldives Republic The current purchase prices from MIFCO are MVR 16 per kilogramme for iced fish weighing more than 1.5 kg, and MVR 14 for non-iced fish.

    Word for word from the report in Maldives Republic. Open the report

  • MVR 7 Purchase price, iced fish under 1.5 kg Maldives Republic For fish under 1.5 kg, the prices are MVR 7 and MVR 5 per kilogramme for iced and non-iced fish, respectively.

    Word for word from the report in Maldives Republic. Open the report

  • MVR 5 Purchase price, non-iced fish under 1.5 kg Maldives Republic For fish under 1.5 kg, the prices are MVR 7 and MVR 5 per kilogramme for iced and non-iced fish, respectively.

    Word for word from the report in Maldives Republic. Open the report

  • exceeding MVR 1.2 billion MIFCO debt Maldives Republic MIFCO has tied its fish purchase prices to international market rates, citing financial struggles that have led to a debt exceeding MVR 1.2 billion.

    Word for word from the report in Maldives Republic. Open the report

Other events named

no clear day, as worded
  • A delegation from the Ministry of Fisheries and Ocean Resources faced protests from local fishermen demanding immediate payment of outstanding dues. four days ago Dhaandhoo Island in Gaafu Dhaalu Atoll Maldives Republic A delegation from the Ministry of Fisheries and Ocean Resources faced protests just four days ago on Dhaandhoo Island in Gaafu Dhaalu Atoll, where local fishermen demanded immediate payment of hundreds of thousands of Maldivian rufiyaa (MVR) owed to them.

    Word for word from the report in Maldives Republic. Open the report

Subjects

sectors and approved topics, alphabetical
Fisheries & agriculture

Places

alphabetical
Addu CityDhaandhoo

Named in these reports

alphabetical
Ismail ShakirMaldives Industrial Fisheries Company (MIFCO)Ministry of Fisheries and Ocean Resources