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businessIncome support allowance

Gov't publicizes regulations for provision of three-month income support

13 މެއި 2020 | ބުދަ 12:00

Individuals who have been terminated, put on no-pay leave or suspended from their jobs are eligible for the allowance and anyone who was employed before March 1, whether they had an employment contrac

ޒުނާނާ ޒާލިފް
Zunana Zalif | 13 މެއި 2020 | ބުދަ 12:00
Allowances will be issued by MMA or the National Social Protection Agency (NSPA) through the Finance Ministry

Allowances will be issued by MMA or the National Social Protection Agency (NSPA) through the Finance Ministry | Sun Online

The government has publicized the regulations under which the income support allowance will be provided to those who have had their livelihoods affected due to the Covid-19 pandemic.

In a publication on the government gazette, a specific set of conditions were penned by the President’s Office, as the criterion for the three-month allowance.

The allowance will be awarded from April to June and aims to provide financial assistance to those who have had their lives and income affected by the pandemic and are unable to meet essential needs such as settling rent payments and others.

The allowances will be distributed through the Ministry of Finance, by the Maldives Monetary Authority (MMA) or the National Social Protection Agency (NSPA).

As such, individuals who have been terminated, put on no-pay leave or suspended from their jobs are eligible for the allowance as well as anyone who was employed before March 1, whether they had an employment agreement or not.

This includes individuals in probation and temporary positions, these individuals will receive an allowance of MVR 5,000 for the three-month period.

Further, individuals who have had their salaries reduced will get the difference of MVR 5,000 from their current income. In addition, those who have additional means of income will also receive the amount in difference if their earnings are lower than MVR 5,000.

Individuals who receive an income of MVR 5,000 will not be eligible for the income support allowance, said the President’s Office.

Moreover, the government notes additional stipulations that are required to be agreed upon including joining government skill-development programs. They are also required to be interested in employment and agree to accept any employment opportunities that may be presented to them through the Ministry of Economic Development’s Job Center.

Applicants must be aged between 18 and 65 years and employed in the Maldives by March 1.

Eligible individuals are to receive the income support allowance monthly, before the 15th day and are required to notify the Job Center if they find employment within the period. After this, they will not be eligible for the allowance.

Under the income support allowance, the regulations state that criminal action will be taken against individuals who provide false information to the government when applying and it has been put into effect since publication in the government gazette.

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