Politics

Worthy wages for labourers vital for economic progress: minister

saeed

Economic minister Mohamed Saeed speaks at a function. FILE PHOTO/MIHAARU

Minister of Economic Affairs Mohamed Saeed has said that labourers must be paid worthy wages in order to achieve economic development in the country.

Speaking at a rally of ruling Progressive Party of Maldives (PPM), Saeed stated that President Abdulla Yameen Abdul Gayoom has been working to ensure that income per capita is valued at USD 9,000. Saeed also shed light on the developments in the country, noting that the Maldives is a nation with an expanding labour market, marching towards riches and growth.

Saeed further commented that construction of 20-30 resorts in the Maldives had been hindered due to lack of trust in the country by banks, and lacking an efficient credit system.

May 1 is celebrated as Labour Day to promote and protect the rights of workers in the country. The date is celebrated throughout the world and is a national holiday in over 80 countries, during which the rights of workers are promoted through demonstrations and marches.

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Source URL: Mihaaru-News

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