Fahi Union urges flat payment cut amid dollar rise

6 hours ago

The Fahi Union has once again urged President Dr. Mohamed Muizzu to lower the down payment for Gedhoruveriya housing units, citing the continued appreciation of the US dollar against the Maldivian Rufiyaa. The union’s renewed appeal on Saturday follows the current requirement of a MVR 25,000 deposit for completed flats, a scheme initiated by the previous Maldivian Democratic Party (MDP) government