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    Home » MIFCO Disburses MVR 1 Mil to Vessels

    MIFCO Disburses MVR 1 Mil to Vessels

    August 9, 20261 Min Read
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    According to Maldives Industries Fisheries Company (MIFCO), it has disbursed a total of MVR 1,138,340 to 24 fishing vessels.

    MIFCO informed that this payment is for the fish landed on 06 August 2026, last Thursday.

    A total of MVR 1,113,015 was deposited to 23 vessels that landed skipjack tuna on 08 August 2026, Saturday. Additionally, MIFCO said that MVR 25,325 was deposited to a vessel that landed yellowfin tuna weighing above 15 kilograms.

    Ensuring payment for local fishers within 48 hours for fish they catch is a presidential pledge of President Dr. Mohamed Muizzu. In line with this pledge, the government is giving special priority to making prompt payments for the fish landed by fishermen without delay.

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