Fisheries and Marine Resources Minister Ahmed Shiyam assured that brighter days are ahead for fishing families, emphasizing the government's commitment to reviving the sector.
He made the remarks during the "Presidential Statement 2025 Forum" broadcast on state media.
Minister Shiyam highlighted that the government has allocated significant funds to revitalize the fishing industry, which he described as a vital lifeline for the people. Reflecting on the past year, he expressed optimism about the industry's development and prospects.
He pointed out that the fishing industry in the Maldives had been neglected for the past four decades, with previous administrations making limited progress.
Speaking on behalf of President Dr. Mohamed Muizzu, the minister stressed the importance of fisheries as a natural resource tied to the nation's identity and survival. He revealed that the government plans to offer soft loans to registered fishermen and provide access to credit schemes, including the STO Credit Facility, by the end of the year.
He made the remarks during the "Presidential Statement 2025 Forum" broadcast on state media.
Minister Shiyam highlighted that the government has allocated significant funds to revitalize the fishing industry, which he described as a vital lifeline for the people. Reflecting on the past year, he expressed optimism about the industry's development and prospects.
He pointed out that the fishing industry in the Maldives had been neglected for the past four decades, with previous administrations making limited progress.
Speaking on behalf of President Dr. Mohamed Muizzu, the minister stressed the importance of fisheries as a natural resource tied to the nation's identity and survival. He revealed that the government plans to offer soft loans to registered fishermen and provide access to credit schemes, including the STO Credit Facility, by the end of the year.
