Econ Minister assures food supply without interruption

Economic Minister Mohamed Saeed speaks at a gathering in HA. Kelaa on February 25, 2024. (Photo/Infinite Moments/Moosa Nadheem)

Minister of Economic Development and Trade Mohamed Saeed, has assured Maldives will receive essential food item supplies without interruptions.

Speaking at a recent rally at Shaviyani atoll Milandhoo, the minister said a shipment of flour from Turkey has been dispatched already, and added that the government has already arranged for uninterrupted supply of essential food items throughout the year.

He added that President Dr. Mohamed Muizzu has arranged for a total quantity to last one entire year with an additional 10% of essential food rations from Turkey.

According to minister Saeed, under the Free Trade Agreement (FTA) with the Turkish government, Maldives will now have ease of importation of 35 different types of commodities from the Middle-Eastern ally.

The minister further announced government's strategies to maintain prices of staple and other essential foods with the assistance of State Trading Organization (STO). He said that a working committee has already been formed comprising of the ministry and STO's officials, who are working with the oversight of the President's Office.

Additionally, the minister said a Maldivian trade delegations will be flying to the UK on May 15, 2023 and to Washington, US, on July 10, 2024, to seek advise and support on shaping up the public finance sector of the Maldives for long-term efficiency.