Fisheries Minister Ahmed Shiyam has stated that the current government has so far disbursed 522 million MVR out of the outstanding payments owed to fishermen for fish purchased by MIFCO.
Sharing details of the outstanding payments owed to fishermen by the government during a meeting with the residents of Ihavandhoo, the Minister said that the government has released 522 million MVR to fishermen from November 17 of last year to date. The Minister added that this figure is calculated including the money for fuel and ice issued on credit to fishermen from government facilities.
The government released 70 million MVR from the outstanding payments owed to fishermen last Wednesday. The government has also decided to release 30 million MVR next Monday. Furthermore, the Minister gave assurances that the remaining balance will be fully paid off before the 5th of next month.
