MIFCO has released 5 million rufiyaa to fishermen.d 5 million rufiyaa to fishermen. In a post on “X”, MIFCO stated that they have paid today for the fish weighed at MIFCO centers by boats on the 2nd of this month. According to MIFCO, 71 boats had weighed fish that day.
As a result, a total of 5,049,012 rufiyaa has been paid to those boats, and MIFCO has stated that one boat has not shared its bank information. MIFCO said that the money was deposited between 10:30 AM and 12:30 PM today. They also mentioned that additional transfers will be completed by 4:30 PM today. MIFCO continues to pay for fish weighed within 48 hours, in line with President Dr. Mohamed Muizzu’s pledge.
This government is working to develop the fishing industry and arrange for fishermen to get fuel at STO rates. As such, in addition to the Hulhumalé Yellowfin Tuna Jetty, fuel is now being sold at STO rates from K. Hinmafushi, Lh. Felivaru, GA. Kooddoo, and S. Hulhumedhoo. MIFCO also sells fuel to fishermen on credit. This amount is then deducted from the payments for fish weighed at MIFCO.
