President Nasheed Rallies Opposition Support to Pass Tax Bills

President Mohamed Nasheed has said that the government rallies the support of all opposition parties to pass the tax bills that have been submitted to the Peoples’ Majlis.

Speaking at the press conference held at the President’s Office last evening, President Nasheed reiterated that the government proposed the tax bills in order to increase government revenue through sustainable revenue streams and shape a modern economy.

The President urged the members of the People´s Majlis ¨to pass these bills and support the government to implement its proposed reforms. He underlined that the most of the MPs are supportive of the bills.

In view of this, President noted that the government met with the leader of the main opposition Dhivehi Rayyithunge Party (DRP), Ahmed Thasmeen Ali to discuss the government’s economic reform agenda and introduction of comprehensive tax reforms.

At the Press Conference, President Nasheedalso underlined the details of the meeting, and concerns voiced by the opposition regarding proposed reforms.

President Nasheed noted that the economic reform programme proposed by the government is one that will help in realizing the government’s key pledge of providing affordable living costs, with stabilization of prices. Speaking in this regard, the President said that it is equally important to decrease the expenditure in order to increase the income.