President Dr Mohamed Muizzu has announced that applications for the Government’s special soft loan scheme for local content creators will open within the next two weeks. The initiative is a key commitment outlined in the Administration’s manifesto.
In a post on his official X account, the President stated that the technical preparations required to launch the scheme are now in their final stages. He emphasised that the scheme aims to strengthen the creative economy and provide new opportunities for Maldivian youth to play an active role in this growing sector.
The scheme has been designed to support a wide range of fields, including media content, audio-visual production, the entertainment industry, and content developed for sales and marketing purposes.
The President further noted that he has instructed the relevant authorities to open the application process within the next two weeks, ensuring accessibility for all content creators working across these sectors.