Record 479 student loans approved for pilot training

Jun 1, 2023, 4:13 PM
Higher education minister Dr Ibrahim Hassan briefs the press - Photo: president's office

Higher education minister Dr Ibrahim Hassan briefs the press - Photo: president's office

Student loans have been approved for 479 applicants to pursue pilot training, the higher education ministry revealed on Thursday.

President Ibrahim Mohamed Solih announced on Wednesday night that student loans have been approved for 1225 applicants who met the criteria.

Briefing the press at the president's office with further details, higher education minister Dr Ibrahim Hassan said loans have been approved for 479 students to become pilots, including top-up loans to 24 students who were awarded loans in a previous round.

"This is a record figure. An extraordinary positive change will come to the country's aviation industry as a result of this decision by the president. The public will enjoy its benefits in various ways," he said.

The student loan scheme offers opportunities for higher education in six areas of aviation.

"One secret of this government providing opportunities for human resource development is to ensure a better future tomorrow, not for a better future today. That is why we are providing so many opportunities for human resource development. It is not today but tomorrow that you would see various positive changes in the aviation sector when these pilots return after training," the minister said.

Applications for the loan scheme were invited on February 15 and 1507 applications were submitted by the deadline in March. While 720 loans were offered at the time, the president announced that 1225 loans would be disbursed.

Comments

Read More

Latest News

Maldives Gas to take measures due to import issues

Maldives Gas is temporarily reducing the amount of gas in cylinders due to import challenges and rising global prices. Customers will be charged based on the actual weight at existing rates per kilogram. The government is working on a bulk storage project to provide a permanent solution to these supply issues.

Petition urges parliamentary inquiry into Rasmale' deal

A petition submitted to the People’s Majlis calls for a formal inquiry into the sale of Rasmalé to UAE businessman Mohamed Alabbar. It urges a public debate and legal review to ensure the deal complies with constitutional bans on foreign land ownership. The move seeks transparency regarding the 99-year lease and potential renewal terms.

Protest against Rasmale' deal postponed to November 13

The "National Movement" has postponed its protest against the Rasmalé deal to November 13 to coordinate with the opposition MDP. Former Minister Imran Abdulla stated the delay allows for better preparation as public pressure mounts. The coalition warns that any agreement signed against public will will be annulled without compensation.

MVR 650 million loan issued to MACL for Giraavaru project

The Maldives government issued an unbudgeted MVR 650.7 million loan to MACL to fund the Giraavaru lagoon reclamation project for the "Binveriyaa" housing scheme. This funding shift follows MACL taking over the project, which has faced multiple delays and an expanded reclamation area of 169 hectares despite several missed completion deadlines.

Shahid faces the most serious allegations of sexual offences

Former Maldivian Foreign Minister Abdulla Shahid was arrested for allegedly sexually abusing a minor while in a position of trust. Police claim the abuse has been ongoing since early 2024, and the victim is now in state care. Shahid has denied the allegations, calling them baseless lies intended to damage his political career.

Majlis rejects no-confidence motion against Saeed

The Maldives Parliament rejected a no-confidence motion against Economic Minister Mohamed Saeed, with 54 members voting in his favor. The opposition MDP filed the motion over alleged failures and broken promises regarding the dollar exchange rate. This marks the third unsuccessful attempt to remove a cabinet minister under the current government.

Saeed defends rising costs of goods and services

Economic Minister Mohamed Saeed defended rising costs, claiming the current administration manages the economy better than its predecessors. He highlighted an 80% increase in dollar availability at official rates due to new policy shifts. Saeed attributed high prices to port capacity issues while asserting the nation was saved from insolvency.

Newsletter

Get the latest news delivered straight to your inbox