Currently, MIFCO purchases skipjack tuna at MVR 20 per kilo. During the 2023 presidential election campaigns, then-President Ibrahim Mohamed Solih had raised the price of fish from MVR 17 to MVR 25. Before this, the prices had ranged between MVR 16 and MVR 18.
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Fish being weighed at a MIFCO vessel -- Photo: Fayaz Moosa
Malika Shahid
2024-06-27 11:38:34
Finance Minister Dr Mohamed Shafeeq announced that the Maldives Industrial Fisheries Company Ltd (MIFCO) has begun efforts to reduce the price at which the company purchases fish.
The Minister made these remarks in response to a question from the Deputy Speaker, MP for the Dhangethi constituency, Ahmed Nazim during the Parliament's Public Accounts Committee meeting yesterday.
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