President Dr. Mohamed Muizzu says the new Administration has successfully settled the outstanding payments owed to the fishermen by the previous Administration within the first three weeks of taking office.

He said this at the 'Masveringe Gunzaru 2023' on Saturday night, a forum the Ministry of Fisheries and Ocean Resources organized to mark this year's Fisherman's Day. The President answered queries posed by the attending fishermen and joined them for the feast at Meerumaa Hall.

The President noted that the fisher community’s concerns were previously outlined and addressed through his Presidential pledges. The primary focus of this evening's session was to clarify the details of the Presidential deposits. The President affirmed the practicality of all his campaign pledges and reiterated the Administration's commitment to their implementation.

He expressed his belief that the fisheries sector is the most sustainable in the Maldives and emphasized the Administration's dedication to ensuring the development of the fisheries sector into the most significant revenue-generating industry in the country. The President also noted that a particular emphasis would be placed on supporting the development of the fisheries sector through foreign aid.

President Muizzu highlighted that the new Administration has successfully settled the outstanding payments owed to the fishermen by the previous Administration within the first three weeks of taking office.

He further stated that the Ministry of Fisheries and Ocean Resources, in collaboration with the Maldives Industrial Fisheries Company Ltd (MIFCO) and the Ministry of Finance, is diligently working towards disbursing the remaining MVR140 million in pending payments to the fishermen.