Soft loan scheme for content creators to launch within two weeks

As part of his presidential manifesto commitments, President Dr. Mohamed Muizzu has directed authorities to finalize and launch a soft loan scheme aimed at supporting local content creators within the next two weeks.

The President stated that the technical groundwork for the loan scheme has already been completed.

“This initiative aims to further strengthen the creative economy and provide more opportunities for Dhivehi youth to actively participate in the sector,” he said.

The soft loan scheme will be available to individuals and businesses involved in media content creation, audio/video and image production, entertainment, as well as sales and marketing.

The initiative aligns with the President’s broader commitment to youth empowerment, which features prominently in his manifesto.