Government Reduces Minimum Mass Price to 16 Rufiyaa per Kilogram

The government has set the minimum price for mass (dried fish) at 16 Rufiyaa per kilogram, a move aimed at supporting fishermen. This decision comes after President Muizzu announced during his election campaign that the price would be reduced to 20 Rufiyaa per kilogram. The price adjustment was officially declared during a meeting with fishermen, where the President assured them of continued support. The reduction in price reflects international market rates, but the government has ensured that fishermen will still receive 16 Rufiyaa per kilogram regardless of global fluctuations. The Fisheries Ministry has also implemented measures to ensure fishermen receive additional benefits for every kilogram of mass sold. However, many fishermen argue that the price should remain at 20 Rufiyaa, as promised during the campaign, citing economic hardships. The Ministry has emphasized that the new price structure aims to stabilize the market and provide long-term sustainability for the fishing industry.