The Ministry of Economic Development will be handling all business related transactions previously rendered by Malé City Council (MCC) starting from December 14.
The change comes in accordance to the Businesses Registration Act, ratified in May 13 by President Abdulla Yameen.
A total of 11 transactions would be handed over to the economic ministry including the distribution of permits for the sales of imported goods, permits to establish cafés and restaurants, and the registration of business names.
The transfer is the latest in a series of moves in recent months that have reduced the MCC’s powers.
Other moves have included the transfer of numerous plots of public land to the central government, the removal of Malé City roads from council jurisdiction, and the recent police confiscation of MCC documents and server files from council premises.
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