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President issues new decree to set minimum investment thresholds for cross‑subsidy projects
President Dr Mohamed Muizzu issued a Presidential Decree setting minimum investment thresholds and eligibility for projects under cross-subsidised investment arrangements, in line with the Maldives Tourism Act. The decree lists eligible initiatives such as land reclamation, prison and social housing development, causeway construction and airport expansion, with the government describing the change from last year as minor and more flexible.
Sources1carried itMN1 of 19 news outlets we monitor
One outlet so far Only Maldives News Network 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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the reports' own quoted words, each once
Instead of detailing each project individually this time, the government has opted for a broader, more flexible description of the eligible initiatives
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Chief Government Spokesperson Mohamed Hussain Shareef said the President's Office made only minor tweaks to last year's resolutionnot statednot statedMaldives News NetworkSpeaking to PSM News, Chief Government Spokesperson Mohamed Hussain Shareef clarified that the President's Office made only minor tweaks to the resolution that was published last year.
Word for word from the report in Maldives News Network. Open the report