Former government was unable to settle the dues to fishermen in spite of money printing: Shiyam

Shiyam questions why the former government was incapable of reimbursing the fishermen despite overdrawing large sums of money and highlighted that this administration had dispersed over MVR 522 million since their assumption of office.

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Minister of Fisheries and Ocean Resources, Ahmed Shiyam speaking at the ceremony in Ha. Ihavandhoo -- Photo: President's office

Aishath Shuba Solih

2024-02-25 10:51:50

Minister of Fisheries and Ocean Resources Ahmed Shiyam has stated that the former government was incapable of distributing the payments owed to the fishermen by the state in spite of printing large amounts of money during their tenure.

During a meeting held in Haa Alif Atoll Ihavandhoo within President Dr Mohamed Muizzu’s trip across the Bodu Thiladhunmathi atoll, Shiyam shared that the first action of the president after assuming office was to cease the printing of money on account of his observation that it was causing strains and struggles within the people’s everyday life.

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