MIFCO has released 7 million rufiyaa for fish purchased from fishermen. MIFCO said that payments for fish weighed at MIFCO centers by vessels on the 8th of this month were deposited between 10:30 AM and 12:30 PM today. MIFCO also stated that other bank transfers have now been completed.
According to MIFCO, 7,489,176 rufiyaa was released to 40 fishing vessels that had weighed fish. While MIFCO has released 7 million rufiyaa to fishermen today, they also mentioned that the remaining unpaid amount is for fish weighed on the 9th of this month, which is 6 million rufiyaa. MIFCO has been paying for weighed fish within 48 hours, in line with President Dr. Mohamed Muizzu’s pledge.
This government is working to advance the fishing industry and arrange for fishermen to get fuel at STO rates. As such, in addition to the Hulhumalé Kanneli Jetty, they have now started selling fuel at STO rates from K. Hinmafushi, Lh. Felivaru, GA. Kooddoo, and S. Hulhumidhoo.
