Ministry of Finance reports over MVR200 million of issuance towards Income Support Allowance.
Moreover, the ministry reports a total of 16,469 recipients received a total of MVR207.7 million as of 24 December 2020.
Earlier Maldives government commenced Income Support Allowance in order to provide financial assistance towards the working-class following Covid-19 pandemic’s ill-effects.
Government made announcement of disbursing MVR5,000 to individuals under the scheme.
Furthermore, the allowance is subject to individuals providing application to Ministry of Economic Development on their designated Job Portal.
The condition being the individuals who are eligible for the scheme should have faced employment termination or redundacies due to the viral pandemic.