MP Mauroof criticises 40% dollar rule

18 hours ago

Kendhoo MP Mauroof Zakir says the government is attempting to enforce a major change to the tourism dollar system without adequate research or consultation with industry experts. Speaking on SSTV’s Baaru Hathareh programme on Tuesday evening, Mauroof criticised the government’s plan to require resorts to sell or deposit 40 percent of their US dollar revenue to the Maldives Monetary Authority (MMA).