President decides to establish ‘National Sports Fund’ for sports development

President Dr. Mohamed Muizzu has resolved to establish a fund titled ‘National Sports Fund’.

The decision was made following deliberations on a proposal submitted by Minister of Sports, Fitness, and Recreation Dr. Abdulla Rafiu at Monday’s cabinet meeting.

As per the President’s office, the fund is aimed at increasing the number of players and athletes, improving and developing sports, and empowering the local sporting community.

During Monday’s meeting, the cabinet also resolved to take all necessary steps to establish the National Sports Fund, including making required amendments to the Sports Act.

The current administration places a high priority on developing the sports sector, with MVR 225 million spent on the establishment of sports resources as of October of this year, starting from when the administration assumed office last November.