At a press conference held at the President’s Office today, Minister Saeed announced that the Visitor Economy Council will have three perspectives: long-, medium-, and short-term. “By sending the targets that arise from these efforts to ministries and institutions, we will try to boost the tourism sector in the country,” Saeed continued.
He estimates that the country’s tourism sector generates about USD 4.5 billion of the USD 6 billion GDP. Minister Saeed clarified, “The President has a very short-term target, which is to increase the above 4.5 billion and increase tourism revenue to USD 6 billion.”
“This is because there is currently a total GDP ceiling that only applies to the tourism sector,” said Saeed, citing the success of visitor economy councils in a number of countries.
“We’ve accomplished two things,” Saeed said. As a result, while tourists can engage in activities that live up to international standards, Maldivians can obtain excellent healthcare at affordable prices. At the same time, he said, the main goal was to create a developed country with a stable revenue stream by creating conflicting income.
advertisment
advertisment
