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15 May 2018
The unsecured loan offers up to MVR 4 million at an annual interest rate of 6 percent, with a repayment period of 10 years and a six-month grace period, the ministry said.
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The party said developments designed to create separate residential areas for foreigners could undermine religious unity, public interest, Maldivian culture and national security.
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The section of Silk Road that passed through the settlement during its existence is thought to have been under the control of the Karakhanids, a Turkic dynasty that controlled much of Central Asia from the 9th to early 13th centuries.
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"When the majority of fishermen become aware that their actions matter and choose to protect the species themselves," he said, "that is success."
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