The Maldivian government has earmarked transport subsidies in the projected 2027 state budget to reduce domestic airfares, including MVR 111 million for the North Connectivity Project. Remaining funds will expand the Raajje Transport Link ferry and bus network to uncovered atolls while maintaining subsidised fares on existing routes.
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The government plans to fund this scheme directly through the state’s transport subsidy pool, which allocates MVR 300 million to public transport initiatives.
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Budget breakdowns indicate that the ministry has allocated MVR 111 million specifically to subsidise airfares under the North Connectivity Project.
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According to the state budget proposal submitted by the Ministry of Finance to the People’s Majlis last week, authorities intend to introduce the “North and South Connectivity Project” to bring down passenger fares for flights servicing northern and southern atolls.
Word for word from the report in Corporate Maldives. Open the report