MIFCO payouts drop by MVR 41m in May

2 days ago

MIFCO disbursed over MVR 41 million less to fishermen in May than it did in April, according to the company’s latest figures. The company on Tuesday released details of payments made to fishermen last month. The data shows that MIFCO disbursed MVR 31.1 million in May. In comparison, more than MVR 78 million was released to fishermen in April, meaning May’s payout