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Hiyaavehi Financing Scheme
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Economy
Government to explore additional financing options under Hiyaavehi...
President Dr Mohamed Muizzu said the Government will explore options to provide additional financing under the Hiyaavehi Financing Scheme after a participant said he received MVR 650,000 despite the scheme's provision for up to MVR 1 million in the atolls. The President said the relevant ministry would examine whether financing had been reduced based on income or repayment capacity, and the scheme's three categories offer up to MVR 1 million, MVR 3 million and up to MVR 10 million depending on location and applicant type.
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