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President Muizzu’s fisheries agenda gains momentum with SME Digital’s new mariculture financing

SME Digital and the Ministry of Fisheries and Ocean Resources launched a nationwide Mariculture Scheme to finance 200 sea cages, offering Shariah compliant financing of MVR 80,000 to MVR 640,000 with repayment of up to six years including a six-month grace period. Applications open on December 13, 2025 through the SME Portal.

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Sources 1carried it 1 of 19 news outlets we monitor
Figures3as written, with their sentences

One outlet so far Only The Standard has reported this among the sources we monitor. A gap in what we monitor, not proof that others did not report it.

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Figures in these reports

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  • 200 cages sea cages to be financed The Standard has launched a nationwide Mariculture Scheme that will finance 200 sea cages to accelerate the development of mariculture in the Maldives.

    Word for word from the report in The Standard. Open the report

  • MVR 80,000 minimum financing amount The Standard Financing amounts range from MVR 80,000 to MVR 640,000, with repayment periods of up to six years including a six month grace period.

    Word for word from the report in The Standard. Open the report

  • MVR 640,000 maximum financing amount The Standard Financing amounts range from MVR 80,000 to MVR 640,000, with repayment periods of up to six years including a six month grace period.

    Word for word from the report in The Standard. Open the report

Other events named

no clear day, as worded
  • SME Digital, in collaboration with the Ministry of Fisheries and Ocean Resources, launched a nationwide Mariculture Scheme financing 200 sea cages. Maldives The Standard SME Digital, in collaboration with the Ministry of Fisheries and Ocean Resources, has launched a nationwide Mariculture Scheme that will finance 200 sea cages to accelerate the development of mariculture in the Maldives.

    Word for word from the report in The Standard. Open the report

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