President Dr. Mohamed Muizzu has announced that applications for the Government’s special soft loan scheme for local content creators will open within the next two weeks. 

The program, a key pledge in the Administration’s manifesto, is aimed at strengthening the creative economy and expanding opportunities for young Maldivians.

In a post shared on his official ‘X’ account, President Dr. Muizzu confirmed that the technical groundwork for the initiative is nearing completion. 

He stressed that the scheme is intended to empower Maldivian youth to play a more active role in the country’s growing creative industries.

The loan facility will be available to individuals and businesses across a wide spectrum of fields, including media content, audio-visual production, entertainment, and marketing-related content creation.

The President added that he has directed the relevant authorities to ensure the application process is launched within two weeks and accessible to all eligible creators.