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Vinares flats’ price slashed; monthly payment cut down by MVR 4,200

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The prices of the Vinares flats developed by PPM’s first administration in Hulhumale’ Phase II have been slashed following which the monthly payment has been cut down by MVR 4,200, on average,

President Dr. Mohamed Muizzu initially announced a reduction in the monthly payments for Vinares flats back in December.

Housing Development Corporation (HDC), in a statement on Thursday, announced the corporation’s decision to provide further easements to the owners of Vinares flats in accordance with President Muizzu’s ‘Hafutha 14’ roadmap, or the first 100-day goals.

In this regard, the corporation detailed that the interest rate of ‘Lease to Own’ model has been decreased from nine percent to six percent while the down payment has been slashed by 50 percent. HDC said the 50 percent lowered from the down payment has also been omitted from the flats’ price.

Apart from this, the deadline to complete the down payment has been extended from three months to six months.

As per HDC, the monthly payment of Vinares flats has now been reduced by MVR 4,200 on average, at the six percent interest rate. The reduction, as per HDC, has been declared a discount from the price of the flat.

HDC further said easements will also be provided to owners who purchased the flats in one-off payment, whether with their own money or through bank loans.

In this trajectory, HDC said a discount would be levied on the price of flats by deducting MVR 4,200 from the estimated average monthly loan payment to the bank. Efforts are also underway to reimburse the discounted amount to flat owners who made one-off payments.

Furthermore, efforts are also underway to reimburse the 50 percent deducted from the down payment, who have already made the payment.

HDC is also undertaking efforts to amend the flat agreements to reflect the change announced on Thursday.

Source(s): sun.mv

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Maldivian FM meets Qatari PM; both commit to stronger ties

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Maldives and Qatar reaffirm the commitment to strengthening the partnership between the two countries on Sunday, in a meeting between Maldivian Foreign Minister Moosa Zameer and Sheikh Mohammed bin Abdulrahman bin Jassim Al Thani, the Prime Minister and Foreign Minister of Qatar.

Zameer, who is on an official visit to Qatar, met with Al Thani on Sunday morning.

At the meeting, Zameer reflected on the growing Maldives-Qatar partnership, and thanked Qatar for the generous assistance in Maldives’ socio-economic development.

According to a statement released by the Maldivian Foreign Ministry, both Zameer and Al Thani reiterated the commitment to deepen bilateral cooperation between the two countries.

Zameer also conveyed appreciation for Qatar’s role in the mediation process on the Gaza crisis.

Both reaffirmed their commitment to further strengthen the partnership in the multilateral fora on matters of global concern.

Zameer was accompanied at the meeting by Secretary, Bilateral, Dr. Hala Hameed, Ambassador-at-Large, Dr. Fazeel Najeeb, and Assistant Director, Lamha Saleem.

This year will mark the 40th anniversary of bilateral relations between the Maldives and Qatar.

According to the Foreign Ministry, Zameer is also scheduled to meet with other senior officials from the Qatari government to explore opportunities to enhance cooperation in various sectors between the two countries.

Zameer’s latest trip comes at the heels of a similar visit to India last week.

Source(s): sun.mv

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President recognises forefront services of nurses

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President Dr. Mohamed Muizzu has praised the dedicated efforts of nurses, stating that they fulfil a national obligation by providing forefront services. He made the remarks on a social media post, commemorating International Nurses Day.

In the post shared on social media, President Dr. Muizzu recognised the unwavering commitment of nurses, characterising their contributions and services as a valuable, significant responsibility for humanity. The president additionally commended the dedication of nurses for ensuring the provision of cutting edge care.

The International Nurses Day is annually celebrated on May 12, aiming to acknowledge the pivotal role nurses play, as they are the backbone of the healthcare system. The theme for International Nurses Day 2024 is “Our Nurses. Our Future. The economic power of care.” The purpose of selecting the theme was to emphasise the significance of reshaping perceptions of the economic and societal advantages of the nursing field, such that nursing can be seen as an investment rather than a cost.

Source(s): PsmNews

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Government launches Hope Island for crime-exposed kids

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The Ministry of Homeland Security and Technology has announced the launch of Hope Island, a rehabilitation initiative aimed at children exposed to crime.

Speaking at a collaborative press briefing involving agencies under the homeland ministry, Minister Ali Ihusaan outlined the planning efforts for Hope Island. He emphasised the provision of fundamental education and religious guidance for the children residing there. He also highlighted the implementation of psychosocial intervention and sports programmes on the island.

Additionally, Minister Ihusaan disclosed that children would reside on Hope Island until they turn 18 years, and serve a designated term in either the Maldives Police Service (MPS) or the Maldives National Defence Force (MNDF). Subsequently, he said that they would be granted opportunities to pursue their chosen careers.

Furthermore, Minister Ihusaan announced a reduction in the age of criminal responsibility to 15 years, with previous advocacy for lowering it to 12 years. He cited instances of 12-year-olds engaging in criminal activities and revealed ongoing legal initiatives, in collaboration with the Prosecutor General’s Office (PGO), to effect the change.

Moreover, Minister Ihusaan revealed plans to direct 12-year-old offenders to Hope Island for rehabilitation, with a dedicated facility established to mitigate exposure to criminal influences. He also disclosed intentions to develop a separate island specifically for this rehabilitation facility.

Source(s): PsmNews

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