Cabinet decides to only accept Maldivian rufiya as taxes

Cabinet has today decided that all fees and taxes payable to the government must be paid in local currency, in a bid to overcome the dollar shortage currently being experienced in the country.

The decision comes after President’s official visit to Seychelles, following which President Mohamed Nasheed met with the press and shared advice from the Seychelles Finance Ministry and Central Bank Governor to insist on the use of local currency as legal tender.

Speaking to the press, Nasheed said he met with the Governor of Seychelles Central Bank and Finance Ministry’s Principal Secretary for Finance and Trade Ahmed Afif.

‘’I had a long discussion with Mr Afif and Governor of Seychelles over this issue,’’ President Nasheed said. ‘’We are on the right path now, we can reform our economy better than Seychelles.’’

Nasheed said Afif continuously told him to use local currency as the legal tender to overcome the dollar shortage.

‘’They advised us to use local currency as the lead currency, so for example all taxes have to paid in Maldivian rufiya.’’

Nasheed explained that if the Maldivian rufiya was used as the lead currency, all resorts and individuals would have to change dollars into Maldivian ruffiya to pay the taxes and fees to the government.

‘’To get Maldivian ruffiya they will have to go to the banks, which will increase the amount of dollars that the banks will have,’’ Nasheed added.

The President also noted that the inflation rate of Maldives was low compared to neighboring countries.

‘’I did check the price of diesel and rice and flour, it is still cheaper in the Maldives,’’ he said.

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Adhaalath Party concerned over “second chance” offered to criminals in Maafushi Jail

Adhaalath Party has said it is “very concerned” over the decision made by the President to offer a second chance to more than 400 convicted criminals imprisoned in Maafushi Jail.

‘’Releasing convicted criminals without involving the Parole Board and solely by the decision of the President will disrupt the peace of our society and cause disorder,’’ said the Adhaalath Party in a press statement.

The party said given that the actions of the government in releasing the criminals were “uncivilised” and “undemocratic”, and accused the government of seeking political gain from the release of the convicts.

‘’Offering such an immunity to the criminals, putting aside the rights of  society to security is, the Adhaalath Party believes, a violation of rights,’’ the party said.

Most of the criminals to be offered a second chance were imprisoned for theft and robbery, drug abuse and other ‘serious’ criminal offences, the Adhaalath Party alleged.

‘’It is to be noted that while the government is releasing drug addicted criminals, there is no adequate mechanism to rehabilitate drug addicts in this country,’’ the party said, adding that the decision would not end up with a favorable result despite the government’s efforts to provide the former inmates shelter and job opportunities.

If the government wished to release inmates responsibly, the government should decrease its expenditure and spend money to upgrade the prisons, Adhaalath suggested.

‘’All citizens know that illegal drugs are available in the prisons, and that inmates are testing positive to drugs is evidence that they are not being adequately looked after inside the prison,’’ said the party.

Press Secretary for the President, Mohamed Zuhair, recently said the impending release of close to 400 convicts would not result in a spike in crime rates in Male’.

“Our statistics show that there will be nearly 400 convicted criminals that have been granted a second chance,” Zuhair said. “Out of the 119 people released on a previous occasion only two people had to be taken back to prison for committing an offence.”

Zuhair added that the inmates will be released on the condition that they will be returned to prison to complete the rest of their sentences if they commit any sort of offence in the next three years.

Apart from being hired for government jobs, the released inmates will be required to participate in rehabilitation programmes as well as national service programmes over the next two years.

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