In addition to a 10 percent import duty for oil, import duties for tobacco would be raised from 150 to 200 percent and from 90 laari to MVR1.25 for a single cigarette.
MPs today suggested allocating funds in the 2015 state budget for a permanent solution to the ongoing water crisis in the capital.
“Emergency economic council meeting ongoing where President [Abdulla] Yameen has just decided not to impose any duty on sugar, rice, flour (staple foods),” Tourism Minister Ahmed Adeeb revealed this morning.
Among the MDP’s nine amendments were scrapping plans to impose a 10 percent import duty on staple foodstuff and oil and allocating MVR100 and MVR75 million respectively to provide subsidies for fishermen and farmers.
“There have been no developments to suggest that the situation may have improved this year even if Maldives were to appear in the index,” said Transparency Maldives Advocacy and Communications Manager Aiman Rasheed.
During a signing ceremony held this morning Maldives Airport Company Ltd Managing Director Ibrahim ‘Bandu’ Saleem revealed that the new masterplan envisioned 9.6 million passengers using the airport by 2030.
Gasfinolhu, with over 6000 square meters of solar panels shading walkways and covering rooftops, is the first 100 percent solar-powered luxury resort in the world.
Former President Mohamed Nasheed told the Asia-Pacific Business Forum that the success of the guest house industry had proved inclusive and sustainable development was possible in the Maldives.
“Western governments and international institutions not only keep on issuing public statements and reports on the Maldives, they would go whatever length it takes to portray the Maldives as not-so-sunny side of life to the potential investors,” Adam claimed in a speech delivered at the Berlin Economic Forum on November 9.