Vice President of People's National Congress (PNC) and parliament representative for Maavashu constituency Mohamed Saeed has stated that President Ibrahim Mohamed Solih is attempting to sell national carrier Maldivian under the guise of a joint venture.
President Solih on Thursday announced that the formation of a joint venture with a foreign company to run Island Aviation is under discussion.
Saeed informed online news Sun that Maldivians will lose pride in having a national airline once a joint venture is formed with a foreign company. He added that state-owned enterprises are public property, and forming a joint venture will create numerous issues.
MP Saeed, who also served as Economic Minister for the previous government, claimed that Maldivian earned several achievements during former President Yameen Abdul Gayoom's regime, and falsified President Solih's claim that Maldivian has been running on losses.
Additionally, Saeed stated that every time it assumes leadership, Maldives Democratic Party (MDP) has been selling state property, lacking secure economic policies within the government. He reiterated that the current government has caused a downward spiral of the economy and is now incapable of amending the situation.