Revised property regulations will be sent to the Attorney Generals office next week, announced finance ministry.
In an interview with RaajjeTV, Finance Ministry's Chief Procurement Executive, Ahmed Mujuthaba, stated the solution to issues facing procurement services is to bring changes to the current property guidelines.
Mujuthaba stated that the finance ministry acknowledges the current property law causes many difficulties to auctioneers.
We have noticed some discrepancies in enforcing the current property legislation. Both our staff from a variety of atolls and auctioneers have pointed out difficulties due to competition between local and foreign parties.Ahmed Mujuthaba
According to Mujuthaba, the committee established to review property laws has made the necessary revisions, especially regarding procurement services, and will send the revised legislature to the Attorney General office next week.
The revised legislature is expected to be sent to the AG office by this time next week. The issues facing procurement services will be greatly reduced after the changes are brought into effect.Ahmed Mujuthaba
He added that the revision to the legislature will significantly fast-track the work of procurement staff in the atolls and provide a quick solution to complaints from auctioneers.
