President announces plans for subsidies

In a press conference this morning, President Mohamed Nasheed announced that the government plans to boost subsidies to help compensate for high electric prices.

The president also said the government would be also broaden eligibility for subsidies, noting that the current eligibility criteria was based on data collected in 1997.

Under that data, the poverty line is considered Rf 21 (US$1.50) a day. The president said that a new survey was under way.