Government issues loans to 14 recipients under fisheries loan scheme
15 Mar 2015, 7:07 PM
Minivan News
The government has issued MVR8.6 million (US$557,717) worth of loans to 14 boat owners and fishermen under a fisheries loan scheme.
President Abdulla Yameen presented award letters at the President’s Office this morning.
In his remarks at the ceremony, President Yameen said the loan scheme was “a stimulus” to the economy, which would be beneficial to one of the most important industries in the country.
“For the population in islands, the employment that brings the biggest income is still, without a doubt, the fisheries sector,” he said.
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