IN BRIEF - Starting today fishing vessel owners will be paid within 24 hours: President
MALDIVES
Tuesday, December 10, 2024
President Dr. Mohamed Muizzu says as per his pledge starting today the payment of fish catch would be deposited to the fishing vessel owner's accounts within 48 hours.
He made these remarks while addressing the residents of Kaafu Gaafaru today.
The President said the fishing industry is an industry that this government is giving high priority to develop.
Noting that the government owed around MVR 225 million to fish vessel owners when he took office, the President said his administration has now paid these dues. He further indicated that around MVR 100 million has been paid as oil subsidies to the fish vessel owners.
However, the President noted that this was not what he had promised during the Presidential Campaign and that he had pledged to pay the fishermen within 48 hours after they weighed their catch. The President said that despite the backlog of payments, the administration will begin implementing his pledge to the fishermen starting tomorrow.
He also assured that the MVR 38 million for the past 14 days will be handed over to the boat owners today and there will be no backlog.
The President that a vital agreement has been reached between the Finance Ministry, MIFCO, and the Bank of Maldives yesterday that would allow the government to deposit payments to fishing vessels that have bank accounts at the BML within 28 hours.
President Muizzu thanked BML and assured fishing vessels with accounts at the Maldives Islamic Bank that he would find alternative paths for them.
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MALDIVES
NIGERIA
LASCAFAN backs federal technical committee and calls for sector overhaul
SINGAPORE
INDONESIA
WORLDWIDE
FAO targets 75% aquaculture growth by 2040, but experts warn of mounting pressure on marine resources
CHINA
Large-scale maritime operation safeguards fishing fleet after four-month summer moratorium
BELGIUM
Joan Simonet, the Regional Minister for Agriculture, Fisheries, and the Natural Environment, has welcomed the European Commission's consideration of changes to the Multiannual Plan for Demersal Fisheries in the Western Mediterranean. The proposed changes aim to increase the number of fishing days allowed for trawlers, without having quotas constrained by the status of the most vulnerable species. This was one of the key demands jointly presented to the European Commissioner for Fisheries and Oceans, Costas Kadis, last May by Spain's five Mediterranean autonomous communities, according to a statement from the Regional Ministry.
PERU
Peru's Ministry of Production (Produce) has launched the "Sea of ??Opportunities 2026-2027" campaign, as part of the Roadmap for the Reactivation of Fisheries and Aquaculture. The campaign aims to inform the public about species whose availability has temporarily increased along the Peruvian coast due to oceanographic changes associated with the El Niño phenomenon. Developed using scientific information from the Peruvian Marine Institute (Imarpe), the initiative seeks to guide fishermen, distributors, restaurants, and consumers on new fishing alternatives, contributing to diversifying the product offerings and reducing pressure on species whose availability has decreased.The Minister of Production, Juan Carlos Requejo, explains that "El Niño is temporarily modifying the conditions of our sea and the presence of different species.
UNITED STATES
US firm wants seat at the table as it expands from Chile into Norway and Scotland
PORTUGAL
Direct grants will offset higher fuel and fertiliser costs caused by the Middle East crisis
